Professional services (310 items)

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New surcharge rules take effect this week

A new card payment surcharge standard will take effect on Thursday, limiting surcharges to recovering the cost of acceptance, which has been defined more narrowly than in previous versions of the standard. read more

Catch up with the past week of Banking Day

We've produced hundreds of articles for you this week, relevant archived news served up with the latest news. And the top latest news in banking? Let's face it, you're reading a stack of that in Banking Day. Catch up with the week's news. Adjust to the new look Banking Day. read more

Repo RMBS market a fillip for Perpetual Corporate Trust

The growth in so-called repo eligible RMBS – securities placed in a Reserve Bank committed liquidity facility to allow banks to meet APRA's liquidity target – is behind a growth in the corporate trusts business of Perpetual Ltd, which holds A$427 billion of securitisation funds under administration. read more

Collective bargaining with Apple would enhance security, APCA says

The argument between the banks and Apple over Apple Pay is not only about access to the iPhone's NFC chip. The payments industry peak body says forcing Apple to accept a common set of security standards would provide a net public benefit. read more

China's shadow banking industry in need of reform

Andrew Cornell, managing editor at BlueNotes reviews Shadow Banking in China: An Opportunity for Financial Reform, by Andrew Sheng and Ng Chow Soon from the Fung Global Institute. read more

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