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Showing 31 - 40 of 108 results for "ATM"

Big four ditch ATM withdrawal fees

ALEX BURKE  |  MONDAY, 25 SEP 2017
ANZ, CBA, NAB and Westpac have collectively abolished ATM withdrawal fees for non-customers. In a statement, ANZ said that non-customers will no longer be charged $2 to withdraw from ANZ-branded ATMs. ANZ group executive Fred Ohlsson acknowledged that ...

Fintech future lies in a winning ecosystem: Reinventure

EMMA RAPAPORT  |  MONDAY, 4 SEP 2017
... think we still have our work cut out for us to be a leader in this space," Cant said. A new venture announced today between ATM operator StarGroup and blockchain service provider DigitalX will see almost 3000 existing ATMs across Australia equipped with ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
The Commonwealth Bank is aiming to grow the climate and green-aligned bond sector in Australia with a new global partnership. The bank, who arranged $1.02 billion of climate bonds into the Australia medium term note market in the 2017 financial year ...

Disclosure deadlines present super challenge

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
Superannuation has recently received plenty of oxygen in the political atmosphere and fund disclosure is yet another bubble quickly rising. As super funds and regulators work towards several disclosure deadlines in 2017, industry representative groups ...

SMSF trustee fined $40K for SIS breaches

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
... Super Fund, Michael Rodriguez, was handed the fine after an ATO audit found that Rodriguez was using the SMSF as a "personal ATM". Over a number of years he borrowed from his SMSF, sometimes re-payed the borrowed amounts and then re-borrowed them again. ...

Instos begin litigation against Volkswagen

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
A firm with Australian origins is leading the funding for institutional investor litigation against Volkswagen AG, with the first of two suits filed in Germany this week. Bentham Europe, a subsidiary of Australian-founded Bentham Ventures, said global ...

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
... $1,000 deposit at the bank would bring just a penny a year in interest, which would get wiped out by the fee for a single ATM withdrawal on weekends. In Europe, where the ECB has imposed negative interest rates for even longer, even the banks are considering ...

FirstWrap launches cash management solution

KERRIE SYDEE  |  WEDNESDAY, 8 JUN 2016
... consolidated view of all their clients' transactions and available cash. "Clients can also have access to their IDPS cash account via ATM, chequebooks, online banking or throughout Commonwealth Bank's branch network," he said. The FirstWrap cash management ...

Responsible investment is not just divestment

ALEX BURKE  |  THURSDAY, 19 NOV 2015
Investing responsibly for the long-term isn't just about restricting investment mandates, but rather considering "broader information" and acting accordingly. This was the main message from Principles for Responsible Investment chair (and former director ...

S&P warns banks on cyber risk

ALEX BURKE  |  WEDNESDAY, 30 SEP 2015
Standard & Poor's has warned the global banking industry that it may soon factor cyber-security risk into its credit rating services. In a new report, the researcher and index provider highlighted the rising threat of cyber-attacks on banks, which it ...