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Showing 1281 - 1290 of 4762 results for "Banking"

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... ANZ is currently participating in a Hong Kong project called eTradeConnect which makes use of blockchain technology. ANZ banking services domain lead, Nigel Dobson, said the project "is an endorsement not only of the technology but also a broad digitisation ...

NAB ends introducer payments

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... regional and rural branches open, opening new regional customer connect centres and extending the protections of the Code of Banking Practice to small businesses with less than $5 million in total borrowings.

Remediation to hit Westpac earnings

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... fees. Westpac said around half of the $260 million related to the financial advice business, while consumer and business banking accounted for the remainder. Key in the bank's remediation provisions is increased customer refunds for ongoing advice fees ...

Regulators receive pre-Budget funding boost

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... conduct regulator for superannuation. APRA's extra $150 million in funding will see the prudential regulator extend the Banking Executive Accountability Regime (BEAR) to all APRA-regulated entitles, including super funds and insurers; and greater supervision ...

EQT hires risk and superannuation strategy lead

KARREN VERGARA  |  MONDAY, 25 MAR 2019
... growing Superannuation Trustee Office (STO). Watts worked across a range of areas including superannuation, insurance and banking at APRA. He joined the prudential regulator in 2012 as a financial analyst before moving to a managerial role in September ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... underweight in the sector, but not totally offload their holdings," Ong says. "On whether and how the restructure of the banking sector will impact super fund appetite to invest in them, it is worth considering how much more the superannuation funds ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
... significant focus on governance and accountability. He said the regulator has consistently supported the view that the Banking Executive Accountability Regime (BEAR) cover other APRA-regulated industries such as superannuation and life insurance. He ...

ABA moves to protect vulnerable customers

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... violent relationship and people experiencing long-term illness are the focus of new guidelines proposed by the Australian Banking Association. The ABA opened a consultation to the public which will result in new industry guidelines aiming to better support ...

Indigenous super access needs improvement

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... carried out by trained staff. One of Hayne's recommendations in the Royal Commission final report is for the Australian Banking Association to amend its code so that if a customer identifies as an ATSI, the bank will follow AUSTRAC's guidance on identification ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... rolled out to the public at all yet. The New Payments Platform website says the infrastructure could be used outside retail banking: "The industries and sectors that could benefit from the Platform's capabilities include insurance, superannuation, ecommerce ...