An Australian bank announced this week that it will stop funding loans for new gas and diesel cars in 2025 to encourage the shift to electric vehicles. "We think that the responsible thing for us to ...

The review of the Reserve Bank of Australia, which has been criticized for responding too slowly to worsening price pressures, could lead to a change in the way the bank communicates with markets.

Cognizant has entered into a five-year partnership with Temenos for the development and marketing of the Temenos Country Model Bank within Australia. This initiative aims to expedite the ...

CBA offers a complete range of financial products and services. The bank’s segments include Retail Banking, Business Banking, Institutional Banking and Markets, and New Zealand. The New Zealand ...

Bank Australia has announced it will stop funding loans for new fossil-fuel-powered cars from 2025 onwards, reports The Guardian. The company argues that denying loans for new fossil-fueled vehicles ...

Alex, Australia’s newest digital bank, goes live on The Temenos Banking Cloud to create a hyper-efficient cost structure and offer better value lending products and services to retail customers ...

SYDNEY (Reuters) -Commonwealth Bank of Australia, the country's largest lender, believes demand for home loans is too high and is helping to push property prices up, Chief Executive Matt Comyn said on ...

SYDNEY—Australia said it would review its central bank, including whether a focus on targeting inflation is fit for purpose, after officials faced widespread criticism for responding too slowly to ...

The Reserve Bank of Australia (RBA) will explore the development of wholesale tokenized asset markets alongside an array of industry participants. "Project Acacia" will use stablecoins, pilot ...

Commonwealth Bank of Australia is building a product stack to accommodate cross-institutional data sharing, a trend called open banking that has been slow to develop in Australia but has gained steam ...

CANBERRA, Australia — Australia is removing the British monarchy from its bank notes. The nation's central bank said Thursday its new $5 bill would feature an Indigenous design rather than an image of ...

Amid an increasingly competitive banking environment in Australia, ANZ Group stands out. While the bank isn’t immune from retail headwinds, its skew toward the institutional side offers valuable ...