Professional services (325 items)

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The transaction account morphs into a personal financial manager

Macquarie Bank is betting that consumers are looking for a financial manager and not just a transaction facility when they log on to their bank accounts. The bank has developed a range of digital tools around the theme of personal financial management for the launch of new transaction and savings accounts in its personal banking division. read more

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

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