PYMNTS

AUGUST 5, 2019

According to a report in The Sydney Morning Herald , National Australia Bank’s outgoing chairman Ken Henry and other executives held discussions last week with its independent auditor, Ernst & Young , about the shortcomings in the bank’s risk management. ANZ Bank , which paid KPMG $22.4 And Westpac , which paid PwC $27.5

Policies 108

Policies United States Risk Management National 108

NCR

OCTOBER 6, 2017

Australia’s ‘big four’ banks – Commonwealth Bank, National Australia Bank, ANZ and Westpac – have provided some good news for the many consumers in the country who rely on ATMs to access cash and manage their money. Image credit: peterwilsonjones/iStock.

ATM 51

ATM Maine Cards Groups 51

PYMNTS

FEBRUARY 13, 2018

Three of Australia’s four largest banks have rolled out real-time payments capabilities as the government launches a widespread inquiry into the financial services sector. 13) local time said Commonwealth Bank, Westpac and National Australia Bank (NAB) have begun to offer their customers real-time payments services. Government Probe.

Payments 100

Payments Fraud Security Branding 100

PYMNTS

JANUARY 5, 2017

Companies are introducing new solutions that offer restaurant owners easier ways to manage their inventories and staff, as well as new options for customers to pay their bills. News highlights from around the mPOS ecosystem. Adding technology to the menu.

Report 105

Report System Technology Taxes 105

NCR

JANUARY 6, 2017

More good news for Android users: American Express has launched its Amex Pay mobile contactless payment service in Canada. Australia’s biggest banks are still involved in a dispute with Apple regarding access to the tech giant’s mobile payment system. Amex Pay arrives in Canada. ” Will we see a resolution in 2017?

Payments 75

Payments Apple Mobile Cards 75

PYMNTS

JANUARY 18, 2019

News came this week that Apple Pay has support for dual-network debit cards. It should be noted here that EFTPOS is available only in Australia, so perhaps this can be viewed as a specific strategy to drive Apple Pay adoption in at least one market. Cash as king in the Land Down Under?

Apple 128

Apple Cards Payments Strategy 128

TheGuardian

NOVEMBER 30, 2022

A new report by the Australian Prudential Regulation Authority (Apra) found climate change could make banks more vulnerable to economic downturns as they face up to a threefold increase in lending losses by 2050, but that the system should be able to absorb the impact.

Lending 80

Lending Regulation Regional Industry 80

TheGuardian

OCTOBER 12, 2022

The RBA confirmed the issue affected its fast settlement service which provides for the settlement of New Payments Platform (NPP) transactions between banks. Sign up to receive an email with the top stories from Guardian Australia every morning Continue reading.

Payments 75

Payments System Industry 75

PYMNTS

NOVEMBER 12, 2018

Australia’s major banks aren’t in support of an overhaul to the new Banking Code of Practice. According to Smart Company , Commonwealth Bank, Westpac, NAB and ANZ announced this week that they are in agreement that consumer credit protection laws shouldn’t be extended to cover small business (SMB) lending.

Lending 128

Lending Regulation Examples Security 128

PYMNTS

OCTOBER 8, 2018

Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as the nation continues its crackdown on bank misconduct, reports in Reuters said Monday (Oct. ANZ’s warning came just weeks before it releases its full-year results, which led to the bank’s shares dropping by more than 2 percent.

Regulation 128

Regulation National Report Software 128

TheGuardian

MAY 1, 2023

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading.

Lending 59

Lending National 59

PYMNTS

OCTOBER 12, 2018

Australia and New Zealand Banking Group announced Friday (October 12) that it fired more than 200 employees for engaging in misconduct , reported Reuters, citing ANZ Chief Executive Shayne Elliott. Elliott said that during the past year ten ANZ senior executives have been let go because of misconduct.

Groups 115

Groups Report Industry Management 115

PYMNTS

AUGUST 18, 2017

In Australia, cash and card-based payments have long been playing tug-of-war. In 2016, more than 60 percent of small value transactions ($10 or less) were paid in cash, according to the Reserve Bank of Australia. To read the story and check out the complete Australia cash analysis, download the report. About the Index.

Report 100

Report ATM Analysis Cards 100

TheGuardian

FEBRUARY 9, 2021

The bank, which had been part of a syndicate of lenders, decided not to participate in the refinancing of hundreds of millions of dollars owed by the port, Guardian Australia has confirmed. Related: Nationals call for ANZ boycott after bank's push for net zero emissions Related: I changed my banking and super out of climate anxiety.

Lending 76

Lending National Policies Report 76