Professional services (311 items)

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

Retail finance activities made a significant contribution to the earnings of the remuneration services and fleet leasing specialist McMillan Shakespeare, as the company started to enjoy a strong revenue flow from recent acquisitions in the finance market. Now the company says it is ready to expand its retail finance activities beyond vehicles. read more

Citigroup and US telecommunications giant AT&T have settled their dispute over  the word "thanks". Citi took AT&T to court claiming the tag "AT&T thanks" as part of a customer loyalty program was too similar to Citi's "thankyou" tag. read more

Australian retailers have backed the banks' application to negotiate collectively with Apple over access to its mobile payments technology, reminding the Australian Competition Commission that it has made a big investment in NFC technology, which it wants to keep open and inclusive. read more

The languid pace of the penetration of the US magnetic card user base by EMV cards is highlighted in a new Nilson Report study, and the slow pace of uptake to date may be why Apple Pay has missed its chance at early traction in a mass market lacking user coaching on the use and merit of NFC payments, via chip cards. read more

The explicit use, or misuse, of the Australian Financial Markets Association is a crucial part of the class action being run in the US by Sonterra Capital, Frontpoint Financial and Richard Dennis against an array of banks for alleged BBSW rate fixing. read more

Spanish banking major Banco Santander SA is exiting the Australian market, not long after the bank opened its first branch in Australia in 2012 in a bid to increase its presence in the Asia-Pacific region. read more

The full year profit announcement from diversified financial services group, MyState, for 2015/16, confirmed that it would be introducing new internet and mobile platforms "later in the year" and "longer term, the transition to a single core banking platform with a single data centre location will also improve performance and risk management." read more

Three banks fending off ASIC allegations of bank bill swap rate market manipulation have been told to co-operate with each other and the corporate regulator to agree on a statement of facts. read more

In a claim being mounted by a trio of US investment interests, the language is uncompromising and the analysis rough for the reputation of the Australian Financial Markets Association, while Australian banks have been drawn further into allegations of bank bill swap rate rigging. read more

According to a new report from KPMG, overall global investment in fintech companies across both venture-backed and non-venture-backed companies totalled US$9.4 billion in 2Q 2016, buoyed by Ant Financial's US$4.5 billion financing. read more