Professional services (283 items)

Two weeks after Android Pay was launched in Australia, MasterCard users are still only getting very limited access to the system. read more

Market research conducted earlier by RFi Global into emerging payment technologies has found Australian banks' customers were far more likely to favour payments systems run using biometrics, such as fingerprints, over use of wearable payments devices. read more

Class actions filed against six other banks over fees are unlikely to proceed, following the High Court's ruling in the ANZ case. read more

Years of stirring over the level of bank late fees and the rights of customers to compensation for any overcharging may be at end, following a ruling from the High Court on the only class action against a bank to reach the trial stage. read more

Each of the four High Court judges in the ANZ fees case wrote a separate opinion, and much of their reasoning centred on the law of penalties, with the scope of this law seemingly made less pro-consumer as it applies to many businesses charges. read more

A group of banks has made an application to the Australian Competition and Consumer Commission to negotiate collectively with mobile wallet providers. read more

The Australian Financial Markets Association has hired Ernst & Young to advise on the selection of a new administrator of the bank bill swap rate. read more

Compared to the second quarter of 2015, the percentage of credit card loans at least 30 days late increased during 2Q 2016 at many large credit card issuers. read more

Auswide Bank said it hired Damian Hearne as its chief customer officer, a new position. read more

One facet of leadership instability at National Australia Bank seen both now and over the longer term is the frequent replacement of the group's chief technology officer. read more

The High Court will deliver its judgment on the bank fees class action case on Wednesday, ruling on whether late payment fees imposed by ANZ on credit card accounts constitute "penalties" within the meaning of established precedent and are, therefore, unconscionable. read more