Banking Day
4 days ago · 11 October 2024 6:13AM. Ian Rogers. Small businesses and their industry associations are beginning to mobilise to jointly bargain with b.. read more. 7am daily. News and insights on banking and finance. Free trial.
Banking Day
27 September 2024 1:48AM. Ian Rogers. The Reserve Bank of New Zealand may be catching the reform bug, and has produced new analysis of th.. read more. 7am daily. News and insights on banking and finance. Free trial.
Will a surcharge ban help big banks kill their competition?
2 days ago · A lucrative part of the fintech sector that provides competition to Australia’s dominant banks in payments has been upended by the Albanese government’s intention to put an end to rising debit card fees (and surcharging), and a looming Reserve Bank of Australia (RBA) review. . While these significant changes to competitors in the payments ...
Interchange, surcharging in strife as RBA payments review revs up
3 days ago · Lower caps on interchange or even the elimination of interchange in payments networks are on the horizon as the Payment System Board commences its Review into Retail Payments Regulation. This Review will examine the costs merchants face when accepting card payments and the framework for surcharging. The RBA yesterday released an Issues Paper ...
BOQ rests on unstable foundations
2 days ago · BOQ rests on unstable foundations. Retail banking profits at Bank of Queensland crashed over the year to August 2024, down to $88 million in cash earnings from $203 million in FY2023. Earnings from the business bank were steady at $253 million. In August BOQ announced plans to announced a shift in strategy, in effect converting itself into a ...
Banking Day
Emailing you the news at 7am. Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more. Original news and summaries of major stories from other media – ditch your newspaper subscriptions. Focused on banking and finance, saving you the time spent wading through newspapers and other services.
Major Banks - Banking Day
Oct 9, 2024 · Search. 3842 items found. Click on the categories below to browse content classified within 'major-banks'. ANZ. CBA. Macquarie. NAB. Westpac. P2P & marketplace lending.
Four weeks to TFF deadline - Banking Day
Jun 2, 2024 · Pre-payments by banks ahead of the repayment deadline for the Term Funding Facility have been flowing through, with $30 billion repaid over the last 10 weeks. There is another $65 billion to go.
Banking Day
Banks’ funding costs have returned to pre-pandemic levels, with yields on bank bonds, mortgage-backed securities and at-call and term deposits all rising in recent months.
Banking Day
The shift to digital banking has increased financial institutions’ exposure to sophisticated financial crimes, a global survey of financial institutions has found.