Foreign news: Diebold and Wincor Nixdorf close to finalising merger 08 August 2016 3:45PM Two of the world's biggest ATM manufacturers, Diebold Inc and Wincor Nixdorf, are close to finalising their merger following regulatory clearance in Poland last week. read more
Correction: ME mortgage rate change 05 August 2016 4:01PM On Thursday we incorrectly reported that ME had cut its variable mortgage rate by 25 bps. The correct details are in the article above. read more
Briefs: ANZ appoints chief economist, Velocity changes payment charges, La Trobe in MyState's sights 05 August 2016 3:57PM ANZ has appointed Richard Yetsenga as its chief economist. Yetsenga joined ANZ in 2011 and has been acting chief economist since March this year. He has held senior economic research roles at HSBC, De.. read more
Brief: Visa launches API competition, FlexiGroup sale rumours 04 August 2016 4:04PM Visa has launched its Everywhere Initiative in Australia and New Zealand, inviting start-ups to use its application programming interface to develop new payments ideas. read more
Foreign news: JP Morgan Chase ripped off prison inmates, OECD says dealing with non-performing loans 04 August 2016 4:03PM JP Morgan Chase has agreed to repay close to US$500,000 to former US prison inmates after it was found that it applied exorbitant charges to prepaid cards issued to prisoners. read more
Briefs: DirectMoney rights issue falls short, Westpac's rate rigging defence, new HSBC head of comme 03 August 2016 4:32PM Marketplace lender DirectMoney has suffered a large shortfall in a rights issue that closed last week. read more
Foreign news: Push for greater competition in Indian banking, China ponders payments clearinghouse 03 August 2016 4:31PM Reserve Bank of India has declared itself permanently open to applications for banking licences, as it pushes for greater competition in a sector dominated by state-owned banks with burgeoning numbers.. read more
Briefs: ANZ selling trading platform, Emerchants enters Italian market, Dominic Stevens is ASX CEO, 02 August 2016 4:42PM Prepaid card company Emerchants has made its entry into the Italian market, signing a five-year contract with fuel supplier TBS Europe SRL. read more
Foreign news: New chair for the Financial Stability Institute, Alipay challenges China Unionpay 02 August 2016 4:41PM The Bank for International Settlements has appointed Fernando Restoy as chair of its Financial Stability Institute. read more
Briefs: ANZ confirms its share trading platform is on the market, Pepper enters Spanish JV, SCU to p 01 August 2016 4:20PM ANZ has confirmed that it may sell its online broking business, ANZ Share Investing. read more