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COBA enters code dialogue with ASIC

The Customer Owned Banking Association has entered talks with ASIC as part of a bid to win regulatory approval for its voluntary code of practice.Dangerous shoals lie ahead as mutual ADIs and the whole of the Australian banking industry pushes ahead with the most important of the recommendations from the recent royal commission, at least those recommendations with political backing. read more

Carney competes for fintech spotlight

There is "a growing pipeline of firms" - make that fintechs - clamouring for access on level terms with banks to the central bank's most vital, and real-time, payments processing. At least in England, or so BOE governor Mark Carney told a London fintech fiesta last night. read more

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