The robots are coming, but not this year 30 June 2017 4:46PM Going on a 'digital journey' towards 'business transformation' might be among the latest buzzwords to be bandied about, but even so, Australia's biggest banks, still busy wrestling with legacy systems.. read more
Conflicting bankers' obligations does not equal unconscionable conduct 30 June 2017 4:44PM A recent Federal Court case tested the implication that relationship bankers who did not share information internally about their customers could be acting unconscionably. read more
Suncorp switches over to Cuscal and RediATM 29 June 2017 4:15PM Suncorp is to join the rediATM network from 1 August after signing an agreement with Cuscal. This will lift the number of cardholders with direct-charge-free access to the rediATM network from about 1.. read more
FOFA reforms: Fed Court backs 'best interest' rules 29 June 2017 4:14PM The first court judgment dealing with a breach of the 'best interest' obligations under the Future of Financial Advice reforms was delivered in the Federal Court on 30 March. read more
REA, Smartline and NAB in white label vertical tie-up 29 June 2017 4:12PM On Monday this week, the ASX-listed REA Group announced that its online business realestate.com.au was entering a series of "strategic investments in the mortgage broking market". read more
Westpac Group tightens up on interest only, SMSF loans 29 June 2017 4:10PM Westpac, St George and other members of the multibrand group have introduced changes to the way interest-only home loans for owner-occupiers and self-managed funds are assessed. read more
Apple takes a bite out of Westpac's payments play 27 June 2017 3:59PM The tensions between some of Australia's largest banks and the uncompromising Apple Corporation have 'ratcheted up' over a banking app that allowed payments to be made via widely used chat application.. read more
Banksia's top exec to face up to failed accounting 27 June 2017 3:57PM Yesterday ASIC flagged that civil penalty proceedings have commenced in the Federal Court of Australia in Melbourne against Patrick John Godfrey, former managing director of Banksia Securities Limited.. read more
Bank taxes are the new black 23 June 2017 4:18PM The South Australian State budget - unveiled late yesterday - contained a surprise 0.015 per cent levy on the major banks' bank bonds and deposits over A$250,000. read more
Morrison moves against 'predatory credit card practices' 23 June 2017 4:16PM Treasurer Scott Morrison has promised that credit card providers "will be forced to scrap unfair and predatory practices" under changes to be introduced "before the end of this calendar year". read more