HSBC is seeking a buyer for its Australian retail banking arm, The Australian reports. HSBC had A$37 billion in assets and A$38 billion in deposits at May 2025, APRA data shows. Its mortgage book was ...

Interchange will be in the spotlight in the Reserve Bank of Australia’s upcoming review of payments fees and payments regulation. One influential lobby group has placed interchange front and centre in ...

Struggling US card issuing and payments processing platform provider Marqeta Inc has abruptly pulled the plug on its Australian business as it scrambles to tame operating losses across its global ...

Scott Farrell, in a keynote address to FinTech Australia's CDR Summit, suggested that it was time to "take the Consumer Data Right to the next level, beyond operation, to performance of its objectives ...

The new business of Luke Bunbury, one of the co-founders of Volt Bank, has emerged as the buyer of all remaining assets of the failed bank. Via his latest venture, We Are Embedded, Bunbury has ...

A Cuscal confab of industry CEOs underway at Green Island Resort this morning has the sector muttering, amid new questions over the longevity of its principal rival, Australian Settlements. A ...

Regional Australia Bank and Summerland Bank have announced their plan to merge. Should the merger of these mutual banks proceed, the combined entities would manage assets of $4.8 billion and a total ...

ANZ will pay an undisclosed annual fee to the Australian government in return for a “limited guarantee to ANZ in connection with its current Pacific operations for 10 years.” ANZ expects the guarantee ...

The Reserve Bank of New Zealand yesterday said it filed civil proceedings in the High Court against ASB Bank Limited for breaches of core requirements under the Anti-Money Laundering and Countering ...

Bank of Sydney is forging ahead with a core banking system replacement, and has selected Infosys as vendor. The bank has operated on a Fiserv platform since 2001. “The board approved the new operating ...

ANZ’s group-wide Root Cause Analysis of its lacklustre management of non-financial risk – shared with APRA in early July 2025, and hidden until now – is, inevitably, a confronting read. Finally ...

The Reserve Bank of Australia and Treasury will prioritise research and experimentation on wholesale variants of any future digital central bank currency and defer deeper analysis of the case for any ...