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Showing 81 - 90 of 866 results for %22Open Banking%22

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... reducing and exiting the outperformers is an approach that we have found has worked well in these type of markets." The banking sector is posed for significant losses, Potter said. "Banks are highly leveraged with both financial and operational gearing ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... complaints holistically. AFCA chief executive and chief ombudsman David Locke said the authority would support government and banking initiatives that serve to assist small businesses and consumers during this unprecedented period. "AFCA recognises that ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... Bligh said. "This is a multi-billion dollar lifeline for small businesses when they need it most, to help keep the doors open and keep people in jobs." Bligh added that banks are putting fast-track approval processes to ensure customers receive the support ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... impaired, which has disrupted other markets given their important role as a financial benchmark," Lowe said. "Funding markets are open to only the highest quality borrowers." The bank will also continue to provide liquidity to Australian financial markets ...

Advisers too time-poor for cash management

HARRISON WORLEY  |  THURSDAY, 12 MAR 2020
... quite a significant group." McArdle said advisers may find cash management becomes easier to administer to clients as open banking helps banks transmit the transactional banking data of their clients to other institutions and platforms. "I think the ...

Baird exits NAB

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... culture and structural changed being considered will be strong foundations for NAB's future," Baird said. "I have an open mind about what I will do next and will use the time to determine where I believe I can make the best, most fulfilling contribution ...

Advisers choose remediation over advice

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... remediation as an opportunity to take a break from financial advice." Gordon said some of the large institutions have been open about the fact that their remediation programs are likely to continue for two or three years - and some are even creating ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... five former Wells Fargo executives over their role in the bank's "systematic sales practice misconduct", which saw employees open millions of fake bank and credit card accounts to meet sales targets. The OCC has settled with the bank's former chief administrative ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... government intending to consult on timeframes as part of the consultation on the exposure draft legislation. Consultation is open until February 14.

Viridian opens new offices

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
... who have joined Viridian. Instead of asking them to relocate, travel or video conference with their clients, we decided to open offices where they were domiciled," Calder told Financial Standard. Before onboarding the Westpac advisers, Viridian had six ...