Tag: Banks

Only 41.1 per cent of the country’s 1.5 million bank shareholders are customers of the bank, according to new findings released by Roy Morgan Research.

As much as $1 billion is expected to have been stolen in what is being called “the most highly sophisticated criminal attack” ever seen.

Increased competition between the major banks on new lending following the global financial crisis is opening up a new opportunity for stable businesses seeking access to finance.

The latest findings from the Roy Morgan Single Source Survey reveal the satisfaction level of personal bank customers reached its highest in eighteen years, while business customers levels were overall lower.

The banking industry is set to face new competitive disruption as it scrambles to preserve its stake in the growing mobile payments market. New figures show that worldwide mobile payments are expected to increase by nearly 61 per cent to 47 billion transactions by 2015.

The wealthy financial services industry is being targeted by emerging tech start-ups keen to take a share in the huge profits being generated in the sector. The founders of two of Australia’s most successful technology companies, SEEK and Atlassian, this week warned that the “insane” profits of the major banks (amounting to nearly $30bn per […]

Have you ever left money sitting in a bank account for more than three years? If so, watch out. According to media reports, the government has seized a record $360 million from 80,000 idle bank accounts in the year to May.

You’d be surprised how many business owners sign a personal guarantee with the bank without fully understanding the risks, which can be as extreme as loss of the business and the family home.

Low doc home loans have taken the whole world by surprise lately for the ease with which they can be availed by anyone in need.

No one is immune to the risks of accumulating credit card debt. Here are some tips for paying off your cards as soon as possible.