Professional services (315 items)

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IT’s a batch payments crisis at Bendigo Bank

A rare two-day payments outage leaves Bendigo pacifying an irate depositor base today. The major grievance for thousands of customers was that Centrelink payments, salaries and other direct entry requests made on Tuesday were not processed by Bendigo’s faltering systems.Dismayed mortgage managers were caught up too, unable to lodge home loan applications on behalf of clients through Adelaide Bank’s third party loan platform. read more

Briefs: RBNZ talks through LVR timetable, tackles climate change and mortgage bond standards, RACV systems error

Reserve Bank of New Zealand deputy governor Geoff Bascand told a Sydney audience yesterday the Bank is evaluating whether to further ease LVR restrictions and will update the market in its upcoming financial stability report (FSR) on November 28. read more

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