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20 November 2018 • By Sarah Simpkins • 1 min read

NAB launching Alipay in Australia

National Australia Bank is rolling out Chinese QR code payment method Alipay across the country, with the bank to offer it to its Australian business ...

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CBA stands firm on bonuses

The major bank’s CEO has backed bonus payments to frontline staff despite evidence linking variable remuneration to poor customer outcomes and ...

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More Australians favouring gearing for online investments

Australian investors are increasingly leaning towards borrowing to finance online investments, as found by a report from Investment Trends

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Local investors miss global dividend surge

Australian payouts were the weakest among developed countries as dividends around the world rose up to reach a new third-quarter record, according to ...

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Xinja neobank now live

Australian fintech startup Xinja has established its fully digital ‘neobank’, with it now being live and comprising of finance, loans and deposits, ...

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APRA bracing for end of ‘economic summer’

APRA is undertaking work to keep Australian’s financial institutions secure if and when the economic summer ends, said newly appointed deputy chair

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NAB Chief takes $2.1m pay cut

National Australia Bank’s chief executive has taken a $2.1 million pay cut ahead of his appearance at round seven of the royal commission. Round ...

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Small banks fear regulation cost hike

Smaller lenders are concerned they could be squeezed out by escalating regulatory costs as a result of the royal commission, according to a survey by ...

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AFCA initiates small business ombudsman

The Australian Financial Complaints Authority is appointing a dedicated small business lead ombudsman to resolve financial disputes that businesses ...

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Finance industry growing to favour AI

More than half of financial executives expect to see increased efficiency in their organisations as a result of artificial intelligence, according to ...

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