203

The question of when bank default charges become unreasonable penalties, which is a central issue in the ongoing bank fees class action, was canvassed in a recent case before the District Court of New.. read more

Google launched its Android Pay service in Australia yesterday, with 28 financial institutions signed up as partners and more in the pipeline. read more

ANZ is in the unique position of offering its customers a choice of three digital wallets - something the bank says it is happy to continue doing. read more

ANZ customers who want to use their Android phones to make payments will need an ANZ, Visa or American Express card account. read more

The independent governance expert overseeing the Australian Bankers Association's package of consumer protection, transparency and accountability initiatives has cautioned that member banks are interp.. read more

The Australian Prudential Regulation Authority has reviewed the range of assets that qualify for the liquidity coverage ratio and decided to leave existing arrangements largely in place. read more

American Express has come out on top of this year's JD Power credit card satisfaction study. read more

Personal insolvencies rose in Australia during the year to June - the first annual increase since the 2009/10 financial year. read more

Consumer credit demand eased in the June quarter as applications for credit cards fell for the first time since 2013. read more

The business lending market is off the boil, with new lending down for the second consecutive month. read more