APRA has been tub-thumping all year about AI and cyber risk, saying governance is lagging dangerously behind adoption.
Breaches of the Banking Code of Practice are seemingly minimal; banks reported 9,326 breaches, with a financial impact on ...
The API Centre's closure date is not the end of the transition to the regulated open banking regime. Work will continue over the following months. Payments NZ will support MBIE where required and help ...
For the banking sector, ASIC is immediately prioritising supervision of AI used for customer-facing activities, ...
T he Financial Stability Board has rated Australia as ‘materially non-compliant’ in a Review on Public Sector Backstop ...
Teachers Mutual Bank celebrated its 60th anniversary last month, and is looking a lot like one of the very few mutual banks ...
The Customer Owned Banking Association has announced the appointment of Yasser El-Ansary as its incoming Chief Executive Officer. He will succeed outgoing CEO Michael Lawrence, who is retiring later ...
Etienne Alexiou has more than succeeded in humiliating ANZ and exposing the toxic, masculine and sexist culture that pervades financial markets.
A marathon trial over alleged misconduct by Mastercard in the Australian payments market might finally get a trial date in 2026 – a year later than planned. In May 2022, the ACCC filed proceedings ...
Linfox Armaguard is undergoing an overhaul. “We have established two ‘operational boards’ – Cash in Transit, and ITS and ATS” Mick Cronin, the Armaguard CEO announced on LinkedIn yesterday. These ...
In an appeal brought by ASIC, the High Court has unanimously found that the fixed-yield digital asset product ‘Earner’ offered by Block Earner was a financial product, and that Block Earner ...
KPMG Australia is carrying $557 million in debt borrowed from NAB and DBS. That is roughly $815,000 per partner. The annual cash distribution to partners, and the nature of accrual accounting profit ...