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Failures will forge many bank and fintech bonds but the more strategic fintech bank mergers will be hard to explain away to the ACCC and its hopeful chair Rod Sims. read more

Demand for cash and the use value in cash is a worldwide story. read more

Tyro, Australia’s foremost payments fintech, will become “the exclusive merchant acquiring partner” for Bendigo and Adelaide Bank, an arrangement that will roll out over early next year. read more

The RBA “does not expect to be increasing the cash rate for at least three years,” the governor Philip Lowe made clear yesterday, fanning the belief that that a cash rate easing (to c10 bps) is near c.. read more

There were 113 data breaches and other cybersecurity incidents affected the banking and finance sector over the year to June 2020. read more

Railways Credit Union trading as MOVE Bank may be signalling interest in demutualisation, or at least being open to offers. read more

Merger costs eroded much of the profit of P&N Bank following the merger with Bananacoast Credit Union. read more

A brazen, stay-in-business deposit pricing decision from Xinja Bank will shock competitors as much as their customers. read more

The level of mortgages deferred “is reducing month on month” at Newcastle Permanent Building Society. read more

There may be “a change in the intensity of supervision that APRA applies for some entities” the prudential regulator said yesterday. read more