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The new Eftpos hub will be in use from September this year by two banks, Eftpos Australia CEO Bruce Mansfield said last week. read more

Officers of local government entities "could never have asked the right questions" about structured financial investments pushed by their favoured external advisers, the Federal Court has said. read more

Challenger brands may profit from "confusion among consumers", Eftpos Australia CEO Bruce Mansfield says. read more

With the weeks counting down to the release of the interim report from the Financial System Inquiry, minds will be turning again to the question: what on earth will they propose? read more

If allowing outright mergers is not a credible option, can banks combine to secure lower costs and improve services some other way? A utility model is one mechanism -  one with established buildi.. read more

There will be wins to be had from the Financial System Inquiry, with consolidation across financial services bound to progress. read more

From the big bank view a reunification of APRA and the Reserve Bank of Australia might be an agency for the much-wanted dispensation from the Basel norm. read more

Research released by the Customer Owned Banking Association illuminates how the major banks are extending their grip on parts of the financial system outside banking, particularly funds management and.. read more

One route to lowering banking industry costs needs to be more widely accepted. Offshoring jobs is arguably a progressive measure as well as a rational business reform. read more

Patrolling financial markets may be no part of the job of the Reserve Bank of Australia, Luci Ellis, head of its financial stability department, said yesterday. read more