Australia
CBA names four marketing leaders with dedicated Olympics CMO
CBA names four marketing leaders with dedicated Olympics CMO
The four are internal appointees.
1 day ago
CBA commits $97.4m to upgrade branch network in FY2027
It aims to make specialist support more accessible and convenient.
3 days ago
National Australia Bank deploys encrypted IDs to fight identity fraud
Queensland customers can share mobile licence details without presenting physical documents.
ANZ completes Swift tokenised deposit transactions with Citi and BHP
ANZ used Swift’s blockchain ledger for the transactions.
ANZ launches tender for new external audit provider
It ends KPMG’s 55-year tenure.
ASIC fines Fundo Loans for falsely advertising no credit check loans
ASIC said that Fundo conducted credit checks on some loan applications.
Westpac cuts businesses' payment fees to 0.79%
Flat rate for EFTPOS terminals and PayWay will be reduced to 0.79%, said Westpac.
ASB Bank CEO Vittoria Shortt to step down
CBA’s Sinead Taylor will lead ASB Bank beginning 12 December.
CBA cuts merchant service fee to 0.99%
CBA expects this to help businesses with costs, as card surchaging is set to end in October.
ANZ invests $21.5m for branch refurbishments across Australia
It has completed four refurbishments and opened a new specialised business centre.
CashnGo fined $2.5m for secret account monitoring and unfair contract terms
CashnGo admitted to 658,000 contraventions during debt collection.
Australia’s digital wallets squeeze cards as report forecasts 50% by 2030
E-commerce market is expected to expand from $89b in 2025 to $127b in 2030.
Liberty Financial’s originations growth to drive revenue expansion
Niche service offerings will help defend its customer base, S&P said.
Aussie mutual banks walk AI and personalisation tightrope
They remain at an early stage of adopting AI due to their business models.
Bendigo and Adelaide Bank to offset AML capital charge with low credit losses
Its credit losses are expected to remain low over the next two years.
ANZ's scam losses down 24% in Oct-June
The Aussie bank said it prevented and recovered A$100m in scam and fraud-related funds.
AI raises bank fraud risks as Australia faces control gaps
AUSTRAC has found potentially hundreds of millions of dollars in fraudulent loans.
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