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Showing 121 - 130 of 359 results for "Credit card"

Aussie banks cleared of Wells Fargo-type conduct

EMMA RAPAPORT  |  WEDNESDAY, 2 AUG 2017
The corporate regulator has cleared eight Australian banks of any systemic misconduct involving illegal opening of accounts as seen at international firm Wells Fargo. The audits, undertaken by ASIC in December 2016 of the big four plus BOQ, Citibank ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... costs" across the wider industry. "Why should a customer seeking advice from their bank or insurer about a home loan, credit card, personal loan or general insurance product not have the same ethical underpinning?" she said. Angrisano gave the example ...

Wealth management platform adds executive

KARREN VERGARA  |  MONDAY, 5 JUN 2017
Financial data provider InvestmentLink appointed a chief commercial officer to help grow its wealth management platform. Owen Joyce is the new chief commercial officer of CashDeck and is responsible for developing solutions that will assist financial ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... Degotardi said. Such problems can be addressed by the PC, as well as empower consumers to find the best savings account, credit card or home loan deals for them, he added. The inquiry will commence on 1 July and is due to report the following year.

Pre-retirees robbing Peter to pay Paul: REST

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
... expenses. This has led to 46% of older working Australians expecting to retire with debt, with one in four retiring with credit card debt (25%), one in five with a mortgage (21%) and one in ten with unpaid bills (12%). Without financial advice, REST ...

HSBC rolls out Apple Pay

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
HSBC credit card customers using Apple devices can now 'tap and pay' when making purchases. The global bank is rolling out Apple Pay across the Australian market after experiencing a growing demand from customers to use the technology, HSBC Australia ...

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
Supermarket giant Coles quietly exited the life insurance industry less than three years after launching a directly distributed offer. As of 1 January 2017, Coles Life Insurance policy holders became customers of MetLife - the insurer whose MetLife ...

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
... Investment Commission has forced Citibank to refund about $5 million to 230,000 customers for failing to properly disclose credit card international transaction fees. Citibank began charging international transaction fees in early 2016 for Australian ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
The Australian Bankers' Association announced it will commit to the majority of the Khoury Report's proposed banking reforms, promising to raise its code of practice to meet higher standards. Of the 99 recommendations, the ABA is fully supporting 61 ...

BTFG announces giant Panorama leap

DARREN SNYDER  |  THURSDAY, 23 MAR 2017
BT Financial Group will merge 12 superannuation funds into one as part of the rollout of its $630 million Panorama platform and in a major update of the wealth management business. Announced to the market this morning, BTFG will also move from four ...