A New South Wales Supreme Court judge has raised questions about Westpac's delay in dealing with a claim by former St George Bank employees and its failure to attend to its obligations. read more
Professional services (311 items)
Click on the categories below to browse content classified within 'Professional services'.
Sibos Day 1: Fintechs want relationships with banks
The next best thing to techie heaven, Sibos, got underway in Switzerland this week. read more
Briefs: CBA claims biggest online banking share, RBNZ board's new chairman, Bankwest opens RMBS refi deal
New figures show most of the top ten 'banking entities' in Australia saw an increase in online banking in August, and more than 14 million Australians going online to do their banking over that month. read more
Defence Bank expands beyond the wire
Defence Bank achieved another double-digit increase in annual net profit, which it puts down to a policy of investing in key locations and video technology. read more
Investment banks pushed to collaborate with fintechs
A new report suggests "innovation through collaboration" with the fintech sector will reverse the declining return on equity among investment banks. read more
CBA upgrades bill payment features
Commonwealth Bank has introduced several changes to its CommBank app and NetBank services to improve customers' bill payment options. read more
YBR sells accounting and legal business
The overhaul of the Yellow Brick Road business continues, with the announcement that it will sell a subsidiary business, Yellow Brick Road Accounting & Wealth Management. read more
Thought-controlled payments solution wins Visa pitch
A New Zealand company that makes a "thought-controlled communications device", has won Visa's Everywhere Initiative, a competition that asked start-ups to use Visa's application program interfaces to develop payment innovations. read more
Foreign news: Wells Fargo class action launched
The crisis at US bank Wells Fargo over the opening of millions of unauthorised accounts has deepened, with two former staff members launching a class action seeking US$2.6 billion on behalf of workers who did not cheat and were penalised for failing to meet sales quotas. read more
Banks need to be smaller to prosper
A PwC report, "Escaping the Commodity Trap", argues banks need to become smaller, simpler and more deeply connected with customers than in the past. read more
ANZ settles Oswal case
ANZ has reached a settlement with Pankaj and Radhika Oswal, following a dispute over the receivership and sale of their company Burrup Fertilisers in 2010. read more