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Claims made under travel insurance policies are declined most frequently, with more than one in every 10 claims declined, the Financial Services Royal Commission heard yesterday. read more

ANZ is facing civil penalty proceedings in the Federal Court of Australia over an alleged continuous disclosure breach in relation to a A$2.5 billion institutional share placement undertaken by the ba.. read more

TAL Life Limited lacked mandatory induction training for case managers and other new employees, the insurers claims manager told the financial services royal commission on Friday. read more

An investment in "digital assets" is behind a 20,000 jump in new members for Credit Union Australia over the last year. read more

A funding line in the tens of millions may soon be in place for the promotor of a number of class actions against banks and their regulatory authorities, centred on allegedly reckless lending practice.. read more

Firstmac may finally have a path to a banking licence, with Maleny Credit Union's board enthusiastic over an offer from the Brisbane-based mortgage funder. read more

NBFIs are making banking an industry dashing for deep change. read more

RENEW EARLY TO BANKING DAY. Minimum sub $3000. read more

Andrew Thorburn's number is up and it's the entire bank (and not just the job of NAB CEO) that's in play. read more

When pleading guilty, keep it brief and write down the facts. Or, in the case of Westpac, raise the worry meter to elevated by owning up to hapless systems and reactive management. read more