'Unwise' to erode lending standards 16 September 2019 3:26PM Now is not the time to backtrack on lending policies, APRA chief Wayne Byres warned on Friday. read more
5 years to prep for ISO 20022 13 September 2019 4:59PM The banking industry looks likely to have five years to manage the transition to the ISO 20022 messaging standards in the Australian payments system. read more
Feds back in mortgage banking and LMI 13 September 2019 4:58PM The First Home Loan Deposit Scheme will kick in from 1 January 2020. read more
Fintech chase weighs on bank profits 12 September 2019 4:13PM The system-wide cost to income ratio of 52.0 per cent is up 330 bps in one year. read more
Samuel snaps at defiant banks and APRA 12 September 2019 4:11PM Hidden industry self-assessments must be published pronto and APRA must lean hard on banks to ensure that they are, scrutineer Graeme Samuel told a parliamentary hearing yesterday. read more
Senate opens doors to fintech stirrers 12 September 2019 4:09PM A Senate Select Committee will delve into barriers to entry for fintechs in Australia. read more
Three per cent unbanked and a third 'cannot pay bills' 11 September 2019 4:11PM While 47 per cent of consumers say that "they usually keep on top of their payments", 35 per cent "admit that they did not have enough money", a survey for neobank 86 400 has found. read more
Johnston gets Suncorp and banking 10 September 2019 4:07PM It was in the telco business that Australia's newest big bank CEO Steve Johnston churned his trade as a public sector insider into a chance to try his hand as industry CEO. read more
POLi surplus to Post 06 September 2019 4:36PM Australia Post is scouting for a buyer for its POLi Payments service, five years after acquiring the business. read more
Alipay leads wallets waltz 04 September 2019 3:47PM Savings behaviour is far more effective, around six times more, than the best interest rates to help people to save money. read more