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A group of central banks and payments industry bodies has launched an “interoperability charter” to co-ordinate the ongoing development of the ISO 20022 messaging standard. read more

Mortgage lenders have made significant progress in bringing down loan approval times, with a large broker group reporting that turnaround times have come down from close to 30 days a few years ago to.. read more

NAB’s new chief executive Andrew Irvine has appointed Rachel Slade to take over running the bank’s biggest division, business and private banking. read more

ASIC is appealing the Federal Court’s decision in a case brought against Finder Wallet Pty Ltd for allegedly providing unlicensed financial services. read more

Central banks have played their part in driving up the price of gold, which has been trading at record levels above US$2,300 an ounce in recent days. read more

Westpac’s institutional and commercial customers can now set up PayTo payment arrangements with their customers, following the bank’s move to join ANZ in offering a PayTo service to large business cus.. read more

The Australian securitisation market had a strong March quarter, with issuance close to A$20 billion, and plenty of activity already in the new quarter. read more

Heartland Group has completed the institutional entitlement offer component of a NZ$210 million capital raising, launched yesterday as part of its acquisition of Challenger Bank.  read more

New Zealand financial services company Heartland Group plans to use the deposit funding available to it through its acquisition of Challenger Bank to expand its reverse mortgage and livestock finance.. read more

The home loan market returned to growth in February, with first home buyers the most active segment of the market. read more