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With inflation going up and banks slashing deposit rates, financial comparison site Mozo.com.au says there are now no savings accounts with an interest rate high enough to keep savers ahead of tax and.. read more

Bob White, managing director of Westpac in its "world bank" days in the 1980s died over the weekend. read more

More than 30 US banks and credit unions this week launched a faster consumer payments service. read more

AI is set to explode and disrupt the financial services sector as banks and credit unions around the world scramble to adopt and use AI to drive profit, CX and growth. The benefits of AI in fin.. read more

Fitch Ratings assigned New Zealand-based First Credit Union a long- term issuer default rating of BB with a stable outlook. read more

ASIC has banned Sudhir Kumar Sinha, a financial planner at Westpac who "systematically failed to meet his ongoing advice service obligations over a period of six years while he was employed by Westpac.. read more

Japan's Mizuho bank moving forward with 'internet of things' payments platform. read more

Two years after their launch, new online banks linked to internet titans Alibaba and Tencent have doled out more than 300 billion yuan by targeting millions of entrepreneurs with micro loans on very s.. read more

APRA is expected to postpone discussion of any total loss-absorbing capacity (or TLAC) when it hands down a paper on "unquestionably strong" capital in the coming weeks. read more

Moody's Investors Service said that the performance of Australian prime residential mortgage-backed securities deteriorated over the March 2017 quarter. read more