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Showing 181 - 190 of 482 results for "Australian Bank"

Open data carries privacy risk: ABA

KARREN VERGARA  |  TUESDAY, 18 APR 2017
Open data used by banks and fintechs to innovate and cross-sell products must be underpinned by robust regulation that protects the consumers, otherwise they risk major privacy breaches, according to the Australian Bankers' Association. Educating customers ...

Banking scrutiny to escalate: ABA

KARREN VERGARA  |  THURSDAY, 6 APR 2017
The Australian Bankers' Association's new chief executive warned banks that the unprecedented level of pressure and scrutiny, and rate of change they are facing will only escalate and shouldn't be underestimated. Three days into her new role, former ...

ANZ trials voice biometrics

EMMA RAPAPORT  |  TUESDAY, 4 APR 2017
ANZ will be the first Australian bank to introduce voice biometrics for higher value transactions on mobile devices. From the middle of this year, customers transferring more than $1000 through ANZ's mobile apps will be able to use their voice to automatically ...

BT and Asgard add bond fund

ALEX BURKE  |  TUESDAY, 4 APR 2017
... investors' portfolios, such as negatively geared property, hybrids, corporate bonds, term deposits (bank risk) and Australian Bank shares. " "In this regard, JCB's active high grade bond strategy, with an average AAA rating, becomes a sensible option ...

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
It'll be interesting to be a fly on the wall of the Reserve Bank of Australia's (RBA) boardroom today when Governor Philip Lowe and his team deliberate on what to do with the country's monetary policy settings. Financial markets expect the 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 ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
ASIC has released a report on how large financial advice firms have addressed serious conduct, compliance and customer remediation issues, revealing serious concerns about how the industry has operated over the past five years. The report is part of ...

Compliance and cybersecurity keeping bankers awake

KARREN VERGARA  |  FRIDAY, 17 MAR 2017
Regulatory pressures and cybersecurity are the main areas of concern for Australian bankers, the 2017 EY Global Banking Outlook report shows. One-hundred per cent of the banking executives surveyed said enhancing cybersecurity and complying with consumer ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
Commonwealth Bank of Australia's chief executive Ian Narev told a parliamentary inquiry this morning the bank made mistakes and still has a lot of work to do. On day two of the major banks review, Narev fronted the House of Representative's Standing ...

NAB launches offshore green bond

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
... public offshore green bond valued at €500 million ($690 million). Reported as the first of its kind issued by an Australian bank and the biggest green bond from an Australian issuer, proceeds from the bond will refinance renewable energy and low carbon ...