Payments sector comes out in favour of fees over interest 20 August 2015 4:21PM Further reading of the submissions to the Senate Economics Committee Inquiry into Credit Card Interest Rates has revealed a wide range of industry views. read more
Direct cash Payments completes credit facility revamp 20 August 2015 4:19PM DirectCash Payments, the largest branded ATM provider in Canada and Australia, said it had successfully refinanced and amended its C$115 million five-year revolving credit facility. As at 30 June, the.. read more
ingogo takes taxi to Xero 14 August 2015 3:54PM Australian payment provider ingogo has expanded its operations beyond its taxi booking app and wireless terminals which the firm says have processed over $200 million worth of taxi transactions. read more
CBA launches $5 billion rights issue, backed by record profit 13 August 2015 4:56PM Yesterday, the Commonwealth Bank of Australia, now the country's largest listed company, surprised no-one in unveiling a record statutory net profit after tax. read more
Technology lead narrowing, CBA widens its aim 13 August 2015 4:23PM Technology had played its part in boosting the Commonwealth Bank of Australia's profitability and competitiveness, and would continue to do so, said the group's CEO, Ian Narev, at yesterday's annual p.. read more
Poor culture, storms, hold wealth back 13 August 2015 4:21PM CBA's funds management income for the year ended 30 June 2015 was flat on a "headline" basis at A$1.94 billion. read more
Mortgage pricing a pointer to bank competition 07 August 2015 4:10PM The extent to which "banks are capable of repricing their business" in response to recent shifts in capital targets "will provide an interesting insight into the extent to which the largest banks are.. read more
ANZ heads Aussie banks on loan league tables 07 August 2015 4:07PM In the Asia Pacific (excluding Japan) region, corporate loan volume ticked past US$239 billion from the 671 deals that were closed by the end of July 2015, according to Thomson Reuters. read more
ASIC, a string of banks and a Russian hacker 06 August 2015 4:24PM Some insight into an internet hacking, market manipulation and money laundering operation involving a client account held overseas and traded through Morgan Stanley Australia Securities was prov.. read more
S&P tells Senate infrastructure financing inquiry to spend up 06 August 2015 4:23PM Ratings agency Standard & Poor's, in its submission to an Australian Senate Select Committee inquiring into infrastructure financing and expenditure by the Australian government, has suggested a n.. read more