RBA takes a closer look at the mobile wallet market 08 December 2016 5:06PM In a consultation paper issued yesterday, the Payments System Board of the Reserve Bank has aired concerns over competition issues in the mobile payments market. read more
Queensland Country Credit Union and ECU merge 08 December 2016 5:01PM The Cairns-based credit union ECU is to merge with Queensland Country Credit union, following a member vote on Friday. read more
Fintech share of venture capital tanks in 2016 07 December 2016 5:18PM Last year's slump in venture capital investment in the fintech sector accelerated through 2016. read more
Poor insurance company: CBA, IAG and Suncorp 06 December 2016 5:07PM Suncorp, CommInsure, Coles are all stragglers on Roy Morgan's latest household insurance satisfaction survey, with South Australia's RAA the general insurance front-runner. read more
Investment loans excel on arrears 06 December 2016 5:06PM Investment property loans are the best performed, with the lowest arrears, making them a tempting growth segment. read more
Long-dated social housing bonds on drawing board 05 December 2016 5:17PM A new public sector financial intermediary may get the green light in 2017. It would be an aggregator for social housing finance but not a "bank". 20-years or longer bonds considered. read more
RedZed sweeps up ME business 05 December 2016 5:12PM Melbourne non-bank RedZed Lending Solutions has bought ME's run-down business banking portfolio. read more
Bank customers first in Italian line to lose all 05 December 2016 5:10PM There is a high degree of probability (approaching 90 per cent) that Italy will experience a severe banking crisis in the next few quarters, John Maudlin asserted in a lively Saturday newsletter. read more
Low profits, excess dud loans: European banks on the mend 05 December 2016 5:08PM More than one third of European countries have banking bad loan ratios of more ten per cent. Capital is better than it was, but profits are weak. read more
ANZ takes the fight to Albert with BladePay 02 December 2016 4:43PM Reshaping the user experience of payments is a prominent priority in banking, one that finds ANZ tinkering with a merchant terminal that borrows heavily on the models of others. read more