A severe outage has NAB's customers and managers in a bind. On social media the bank admits double trouble: "We are working to process payments - hopefully your payment is received on time", paired with "I'm unable to give an answer on what will happen." read more
Professional services (315 items)
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DC Payments grasps Cashcard
DC Payments outlined terms for its purchase of ATM operator Cashcard from First Data. read more
Comment: Three priorities for any banking inquiry
"If there is to be a banking royal commission, may it shine the spotlight on three of Banking Day's favourite topics," we asked, taking an optimistic view, back in early April (see Labor's banking inquiry shemozzle).One of our top topics, we wrote, may be "a study bound to be disconcerting for all those that have hooked their reputations to the BS and bulldust story of Australian exceptionalism during the great recession." Banking Day has called before for a "DFAT-style 'select documents' release to foster understanding of the shaky history of Australian banking." read more
Cashcard yields to DC Payments overtures
Canadian bank DirectCash Payments is poised for its biggest acquisition yet in the Australian ATM sector. read more
Judge questions Westpac's handling of employee class action
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
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