Financial jargon can be hard to keep track of at the best of times and just when you think you’ve gotten a handle on the latest money mutterings, a raft of legislative changes or technological disruptions mean that they change all over again.
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It turns out that Aussies are enjoying an open relationship of sorts with their banking providers, according to new data from Roy Morgan Research.
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Soon after Australia Day, Aussies will have another reason to celebrate with the release of the new payment platform (NPP) expected in late January.
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2017 has truly been a year of flux in the Australian banking sector, with plenty of upheaval and a heap of changes and new products that have altered the way we bank now, and will bank in the future.
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You know what they say, “new year, new financially-savvy, money-wise me.”
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Sydneysiders clear your lunch schedule and ready your bank account, because ME is offering a seriously appealing prize for the winner of its Christmas treasure hunt.
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It’s 7:56pm. You’ve raced down to the corner store to grab some milk before it closes, but a sudden shiver runs down your spine as you grope at your empty pockets for the keys and wallet you know you left back home on the kitchen bench. Uh oh.
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Sydney and Canberra are two of the cities leading the way when it comes to digital banking, according to the Visa Cashless Cities report.
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Custom-owned banks, building societies and credit unions could soon have access to billions of dollars in extra funding, following Wednesday’s announcement from Treasurer Scott Morrison that the Federal Government will wholly support the recommendations of the Hammond Review.
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The long-awaited arrival of instant payments for Australian banking customers is edging ever closer, with the Commonwealth Bank, NAB and Westpac today announcing a collaborative instant payment app called Beem.
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