Many jostle for share of payments chain

Banks were yesterday warned to gird their loins for further assaults on their turf from technology led by the likes of PayPal, Visa, Google and Apple which all wanted to own variants of the e-wallet. read more

Social currency seeking confidence

The advent of internet currencies such as Facebook credits or Second Life's Linden dollars are exercising the minds of US Treasury and OECD officials keen to understand their impact both on fiscal sys.. read more

Cash, card or bitcoin?

Financial institutions and regulators are facing a new wave of synthetic online currencies and financial products that have their genesis in social networks. read more

Long road back for NAB

More evidence is emerging of National Australia Bank's progress in its retail banking strategy in Australia. The segments of business performing best for NAB are deposits gathered under the UBank br.. read more

Westpac mum on delinquent merchant

Banks blocked or replaced thousands of customer credit cards late last week, after a merchant security breach identified late last week compromised the accounts of many customers. read more

Banks hope APRA doesn't cloud storage options

Australian banks that adopted cloud computing early expect to secure competitive advantages in terms of cost reduction and improved agility, although they acknowledge their ability to adopt all aspe.. read more