Bank AI needs the human touch

The proliferation of increasingly complex financial regulation has inevitably inspired technological responses - the so-called regtech of aggregated data, machine learning and automated decision-makin.. read more

Big banks troubled by data sharing

Peer-to-peer lenders' lower cost structure and rapid decision-making on loans is just one of several emerging threats for the banking sector to deal with, according to Pete Steel, CBA's executive gene.. read more

Agency risk elevated in P2P sector

Peer-to-peer lenders, claimed by their proponents to create agile businesses, carry their own set of financial and operational risks, an industry exec explains. read more

ING Direct growth spurt

ING in Australia has reported a statutory after-tax net profit of A$295 million for 2016, which equates to underlying earnings growing ten per cent over the previous year. read more

Gloucester Council passes first hurdle v Fitch

The Federal Court in Sydney has allowed Gloucester Shire Council's lawyers a chance to file an amended statement of claim against Fitch Ratings which will include further information on losses from sy.. read more

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