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Banking News Newsletter

Keep up-to-date with what's happening in banking and financial services across the Asia-Pacific. Banking News contains a wrap-up of the week's key news and events, and is delivered direct to your inbox. If you wish to be added to our distribution list, simply click on the subscribe button and complete a short subscription form.


 

  • US banks risk losing out

      Mon, December 07, 2009       

    (7 December 2009 – USA) US banks face the possibility of losing customers to aggressive competitors in the mobile banking space, according to Visa sponsored research.

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  • Twitter co-founder takes on payments

      Fri, December 04, 2009       

    (4 December 2009 – USA) The co-founder of Twitter, Jack Dorsey, has launched a new company selling systems that turn mobile phones into payment card readers.

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  • American culture embraces mobile banking

      Thu, December 03, 2009       

    (3 December 2009 – USA) A study conducted by Firethorn, a mobile banking vendor, has revealed that over half of all Americans are interested in using their mobile phone like they would a credit or debit card to make purchases.

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  • NAB up against US Supreme Court

      Wed, December 02, 2009       

    (2 December 2009 – USA) The US Supreme Court will decide whether Australian stockholders can sue, Melbourne based, National Australia Bank (NAB) using U.S. securities law and the American court system.

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  • Dubai Worlds Australian exposure

      Tue, December 01, 2009       

    (1 December 2009 – Australia) The government of Dubai surprised markets on Thursday by requesting a six-month moratorium on debt repayments of its investment vehicle, Dubai World, and has sent a wave of questions aimed at Australian banks about possible exposures.

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  • Only in America

      Tue, December 01, 2009       

    (1 December 2009 – USA) A Supreme Court Judge has ruled against a US bank’s conduct and has written off a family’s US$525,000 (A$575,000) mortgage.

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  • BlackBerrys get attached

      Mon, November 30, 2009       

    (30 November 2009 – USA) A four month pilot in Canada will see participants using their PayPass Mobile Tag-equipped BlackBerrys to make purchases at over 8500 merchants.

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  • Insured deposits still in red

      Fri, November 27, 2009       

    (27 November 2009 – USA) The US Federal Deposit Insurance Corp. (FDIC) has released its third quarter update detailing the level of expiring and past-due loans; and a still shaky financial future.

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