Foreign news: China's world-first online-payments clearinghouse 07 July 2017 2:28PM China's central bank has created and launched the world's first online-payment clearinghouse. read more
Foreign news: Portugal's Novo Blanco under pressure from investors, JP Morgan gets further into Chin 06 July 2017 2:46PM The sale of Portugal's state-rescued Novo Banco to US private equity firm Lone Star should be concluded by November. read more
Briefs: New chair for CUA, Xpress Super to offer RateSetter option 04 July 2017 3:26PM Nigel Ampherlaw will take over as chair of Credit Union Australia from November, replacing Alan Beanland who is retiring after eight years in the role. read more
Briefs: SA bank levy polls poorly, Flexigroup finalises funding facility 03 July 2017 3:41PM An opinion poll by Galaxy Research for The Advertiser found 55 per cent of respondents in South Australia oppose the Labor government's planned levy on select bank liabilities. read more
ADVERT: Australian Financial Services Hit with $10 Billion in Conduct Costs in 5 Years 03 July 2017 2:48PM There has been no shortage of well-publicised and highly damaging misconduct scandals within the financial services industry over the past decade, with all of Australia's big four banks all under scru.. read more
Briefs: UK's macro-pru rules a hint to APRA, Productivity Comm warned on competition, La Trobe seeki 30 June 2017 4:42PM The Bank of England says it expects macro-prudential measures in place since 2014 to become permanent structural features of the UK housing market. read more
Foreign news: Instos stalking Italian banks' retail investors, Fed satisfied on stress tests, Diebol 30 June 2017 4:39PM The pool of Italian households that own senior bonds is being targeted by professional investors, looking for new strategies across the country's banking sector. read more
Briefs: ABA Trust 2017-1 Prime RMBS Assigned Ratings, NZ software provider gains credit union 29 June 2017 4:09PM S&P Global Ratings and Fitch Ratings have assigned ratings to some of the five classes of notes, totalling A$300 million, issued as the ABA Trust 2017-1 as a securitisation of prime residential mo.. read more
Fintechs moving towards the mainsteam 28 June 2017 4:10PM Findings from EY's Fintech Adoption Index for 2017 show that Fintech firms have reached a tipping point, and are poised for mainstream adoption across the 20 markets covered by the survey. read more
Briefs: Westpac hit with reporting breach penalty, Board members for Victoria's Treasury Corp, SA ba 28 June 2017 4:08PM Westpac Banking Corporation has paid a penalty of A$127,250 to comply with an infringement notice issued by ASIC in response to an alleged breach of the market regulator's derivative transactions repo.. read more