Briefs: Fintech 100 names its best operators, DirectMoney puts funding in place 26 October 2016 5:21PM Fintech companies large and small are hoping to ride a wave of success, with funding accelerating into an increasingly diverse sector. read more
Foreign news: ABN Amro's Asian private bank for sale, Bank of America hires a chatbot, Alipay enters 26 October 2016 5:16PM Julius Baer Group, DBS Group Holdings and LGT Bank are the likely bidders for ABN Amro's private banking business in Asia which has been put up for sale with hopes of a deal by the end of the year. read more
APRA seeks serviceable mortgage data 25 October 2016 5:05PM APRA will extract more detailed quarterly data on mortgage lending. Serviceability is a key theme. read more
Briefs: Bank of Sydney gets on board with the ABA, insurtechs on the rise, surge in home loan refina 25 October 2016 4:56PM Bank of Sydney has confirmed its full participation in the Australian Bankers Association's reform program, and an "insurtech" boom to follow the fintech revolution is predicted. read more
Foreign news: Blockchain trade sends US cotton to China 25 October 2016 4:55PM The first cross-border transaction between banks using multiple blockchain applications has taken place. read more
Briefs: ABA head to step down, ANZ appoints new board member, Teachers Mutual notes issue 24 October 2016 4:38PM Steven Munchenberg announces his resignation, while ANZ appoints a longtime public servant to its board. read more
Briefs: Australian Payments Council issues hackathon invite, another Aussie broker banned 21 October 2016 4:50PM Organisations are invited to design hackathon challenges for the Payments Council, and a former Aussie Home Loans broker has been permanently banned. read more
Foreign news: Chinese debt to equity push gets underway, Wells Fargo staff may face criminal charges 21 October 2016 4:48PM China Construction Bank is talking to more than 50 companies about converting their debt to equity, while Wells Fargo workers may face identity theft charges. read more
Briefs: Former UBank boss Schenkel takes over at Tyro, Mortgage delinquencies hit a three-year high 20 October 2016 4:53PM Moody's warns that Australian mortgage delinquencies, which have hit a three-year high, are likely to climb higher, while Tyro appoints a replacement for CEO Jost Stollman. read more
Foreign news: Wells Fargo's ratings outlook negative, uncertain future for UK ATM network 20 October 2016 4:48PM Standard & Poor's has revised its outlook for Wells Fargo from stable to negative, and concerns grow about the sustainability of the UK's ATM network. read more