Andrew Cornell

As cybercrime grows, governments, regulators and the financial services sector need to devote more resources to the problem. But where will the money to pay for that investment come from?

Australia doesn’t need more regulators and should retain its 30-year-old model for financial oversight, the ASIC chair told Capital Brief.

The private credit sector is awaiting ASIC’s review, with transparency around valuations, trustee independence and fee structures looming large.

The Australian arm of UK neobank Revolut has been growing strongly. Now, the company is eyeing a local banking licence for its next evolution.

Deregulation in Trump's first term contributed to bank collapses. Will the new administration's zeal heighten financial sector risk? And what does his return mean for private credit and crypto?

The submissions to the RBA’s payments review offer a wide range of opinions on surcharging — but critical issues remain overlooked.

The venerable wealth manager has reviewed over 300 private credit funds, developing a gateway solution and outlining the key characteristics of the very best.

Private credit is offering speed, flexibility and variety to smaller companies banks can’t match, according to East & Partners.

Trump's re-election has triggered a mass retreat from climate change initiatives by major players in financial services in the US — even before he's taken over the White House.

Bank stocks look overpriced on the fundamentals, but external forces keep them buoyant. What will it take to prick the bubble?

The decision by all major US banks to pull out of a key climate alliance is the latest example of how Trump's re-election has accelerated corporate America's ESG reversal.

Global cross-border payments specialist Wise sees Australia as a prime market for growth with digital and existing banks receptive to its platform.

Shareholders have delivered ANZ a major blow over its corporate governance with a strike against the bank's remuneration report and sizeable hits to executive remuneration.

With protest threats and the risk of a remuneration strike at its AGM, ANZ's difficult year is far from over.

Merchant payments are a low-margin, capital-intensive game. ANZ sold its stake to Worldline for efficiency — but now it’s looking at buying it back.

Generative AI promises new services, better advice, more efficient compliance and cleaner coding, but for banks one of its most effective uses is in renovating the oldest tech.

Despite the recent flurry of headlines, private credit is a long established sector in Australia and Qualitas, founded in 2008, has a long-term perspective on the market.

The firm's latest Fintech Landscape survey suggests that the fintech winter is not over yet — but there are nonetheless some warmer signs.

Incoming ANZ chief executive Nuno Matos isn't the only winner from Shayne Elliott's departure. CBA is now the only Big Four bank not to change CEOs this year — and investors have taken notice.

External CEO appointments typically reflect a board wanting change. ANZ chair says that's not the case with Shayne Elliott's replacement, Nuno Matos.

The list of major names departing Jefferies continues to grow, as its fierce Wall Street rivalry with Goldman Sachs spills over into Australia.

The highest-profile blockchains and cryptocurrencies are designed to avoid regulation. Redbelly, which has just gone live, is a regulatory compliant blockchain targeting real-world assets.

ASIC's eagerly awaited guidance note on digital assets provides helpful direction but not 100% certainty on what will and won't be regulated.

In the latest of multiple reviews of payments and surcharging in Australia, industry seems to have only one view in common: it's a mess.

In the next few years, CBA is aiming for generative AI to be at the heart of its key banking app and core systems, as it embeds the technology across the bank.

The bank is close to launching a major project involving tokenisation of superannuation payments.

Generative AI is becoming entrenched in financial services, but it remains far from transformational and banks are yet to see it drive revenue.

Recoveries in Japanese shares have often fizzled since the bubble burst 30 years ago, but Lazard sees reason to believe.

At the region's biggest fintech festival in Singapore, quantum computing and tokenisation were hot topics. But the chatter about last year's star, AI, was notably subdued.

After focusing on existing investments over the last two years, ANZ's 1835i has made the first of what will be a number of transactions.

The cryptocurrency is booming again, but don't expect any support from Australia's top financial officials. "I don't understand it," says RBA governor Michele Bullock.

Banks are ramping up AI investment, but much of it is aimed at countering fraudsters who are using the same technology to escalate scams and cyber attacks.

As the ACCC vows to ramp up scrutiny of surcharging, a Mastercard survey found a third of merchants were breaching regulations over the practice.

The bank is promising a simpler tech platform, lower risk and Suncorp acquisition benefits — but with margins tight, costs rising and competition fierce, will a new story help?

NAB's annual result was in line with expectations, but was weaker in key areas like credit quality and revenue.

Late-term CEOs rarely report anything that would damage their legacy. Peter King, who hands a stable, if still challenged, Westpac to his successor, is no exception.

CEO Shemara Wikramanayake tells Capital Brief why she's optimistic about the future of Macquarie's US investments, no matter who wins next week's election.