Banking
An asset class is very different to an instrument of the financial system. Following SEC approval of bitcoin ETFs, the cryptocurrency is the former, not the latter.
Intense competition for mortgages and deposits crunched big bank margins in the second half of 2023 but investors are happier now as competition backs off.
Some experts believe generative AI could have a bigger impact on the banking industry than the internet. And that might be underselling the impact.
Rebuilding a tech stack or integrating with a rival is hard enough for the major banks like Westpac and ANZ. But for smaller lenders like People First Bank, it can be a nightmare.
The founder of Wise, one of Europe’s most valuable fintechs, wishes banks would improve their payments offerings even if it made his product obsolete.
The festive season is a crucial proving ground for how spenders and sellers want to transact. Will more want to do it on the real-time NPP this year?
Imperium Markets will launch a major research project into digitalising the $3 trillion wholesale bond and deposit market and running it on blockchain.
The competition regulator says a merged ANZ-Suncorp would be 3.5x the size of its nearest rival outside the Big Four — Macquarie Bank.
Bitcoin is nearing two-year highs, institutional money is engaging, and ETFs are on the horizon. But would you hold cryptocurrency as a nest egg or inflation hedge? And when was the last time you bought something with crypto?
New research finds a disconnect between how loan books and equity markets are judging the risks of climate change.
Major bank partnerships, raisings and actual profits signal there's some optimism in fintech, but capital and startups are in short supply.
Bendigo & Adelaide Bank has reaffirmed its desire to buy Suncorp Group’s banking business, confirming in a submission to the Australian Competition Tribunal it should be considered a “counterfactual” alternative acquirer to ANZ.
Cryptocurrencies dominate the headlines around blockchain and tokenisation, but crypto purists are awakening to the world outside currencies and assessing other assets worth vastly more.
Fintech conductors aim to orchestrate the noise of a cacophony of payment options being offered to both consumers and merchants.
The market for bank stocks has settled as investors and analysts finish digesting the fine print of their results. And they're not expecting a rewarding 2024.
The margins in home mortgages are tightening so banks are shifting their attention to the smaller business sector - long dominated by NAB. So what does the boss of its business bank think?
Blown-out and failed major tech projects in the finance sector have a history of shareholder value destruction, dating back decades. Now a new wave has started — including at ANZ, Westpac and the ASX.
As banks look to improve the credit quality of their SME loanbooks, private credit and private equity see opportunity amid stress and reduced borrowing options.
Chief executive Alexis George conceded the market reaction to a new partnership with a UK neobank was disappointing, as shares in the AMP fell by up to 15%.
The banks have too much capital and not enough to do with it. The sector is clearly ex-growth and went downhill into the second half. So where now?
When you process mortgages and your name is a homonym of TikTok, confusion is inevitable. So Tic:Toc - not TikTok - is now Tiimely.
ANZ's Shayne Elliott says the big four bank delivered its "best ever" profit. Investors disagreed, and one analyst said the lender is underperforming its peers.
Once notorious for surprising and messy results, NAB now delivers pretty much exactly what investors expect. It's the economy that's the issue.
