New revenue streams and simpler banking models were on the mind of ANZ CEO Shayne Elliott yesterday, as he welcomed 7000 delegates to the Sibos carnivale in Sydney. read more
Professional services (303 items)
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Operatives from a unit of the Chinese People’s Liberation Army allegedly worked in a factory assembling servers in order to plant tiny chips into the hardware, with at least one major bank among the companies affected. read more
In the shadows of the expected publication by Commissioner Kenneth Hayne of his interim report on misconduct in the banking, superannuation and financial services industries a class action has been launched by major litigation law firm Slater and Gordon. read more
Briefs: BNZ wins out for online banking, Kiwi finance company defends money laundering charges, brokers push back against commission criticism
NAB’s Kiwi subsidiary BNZ has been named New Zealand Bank of the Year in Canstar’s annual online banking report. read more
APRA boss Wayne Byres yesterday embarked on an awkward process of publicly calling on the major banks to overhaul their anachronistic core banking platforms, warning that their current systems would not meet “fit for the future” prudential requirements. read more