Rent-seekers impair NFC payments

Too many "players think they can get in the middle and earn a rent" from contactless payments, says Kelly Bayer Rosmarin, executive general manager at CBA. read more

Asia IT spend benefits ANZ

ANZ hopes to have a more uniform experience for customers undertaking self-service banking, with tools developed for the bank's Asian operations being adapted for its domestic markets. read more

AMP Bank will repair margins

Standard & Poor's raised its long-term issuer credit rating on AMP Bank to A+ from A yesterday. The short-term issuer credit rating remains at A-1. read more

Australia no leader on liquidity

It is a fallacy to portray the timetable for liquidity rules' reform for banks in Australia as being ahead of the world, John Laker, chair of the Australian Prudential Regulation Authority, argued a.. read more

Mt.Gox shy of Technocash

Sydney funds' transfer company Technocash has found one of its key counter-parties is wary of continued dealings it less than a week after US authorities listed some Technocash bank accounts in a li.. read more

Western banks' credit rationed

Foreign bank loans to Australia are holding steady at a time when lending to advanced economies is on the wane, data compiled by the Bank for International Settlements shows. read more

Dodgy home loan complaints aggregated

The Banking & Finance Consumers Support Association has published copies of loan applications and correspondence between banks and brokers relating to 250 loan applications that the association.. read more

NAB's UK subsidiary gets a bleak review

Standard & Poor's has placed the credit rating of National Australia Bank's British subsidiary, Clydesdale Bank, on review. S&P has also downgraded several British banks because of the poor.. read more