Central Banks - Money Morning Australia

17/09/2019

Open Data Will be a Game Changer in the Financial Services Industry

In Australia, the banks have been treated like footy teams. One bank forever, through thick and thin for life. Indeed, it’s joked in banking circles that customers are more likely to change their spouse than their bank. With open data, those days are fast coming to an end…

Ryan Dinse

11/09/2019

Invest in Fintech Before You See the Grim Reaper

The big banks in Australia should be very scared. Fintech is not a fad, or a buzz word. It’s an idea whose time has finally come.

Ryan Dinse

10/09/2019

Banks Have One Ace up Their Sleeve: Fintechs

Banks do have one ace up their sleeve. It might not save them, but it could help them adapt to a new reality…

Ryan Dinse

09/09/2019

Unprecedented Slide Points to Huge Investment Opportunity

Australia’s big banks have been relatively very lucky so far… But the tech is ready to roll and the political protection is gone thanks to the Hayne Royal Commission. How can you profit from this immense opportunity at hand?

Selva Freigedo

04/09/2019

Pay Later Wars Heat Up as Harvey Norman Partners with Latitude Pay

Harvey Norman Holdings Ltd [ASX:HVN] and Latitude Financial Services announced yesterday they are partnering together to offer Latitude Pay. Latitude Pay is a buy now pay later service.

Sam Volkering

04/07/2019

Could Facebook be What Causes the Next ‘Crisis’?

What happens when your ‘money’ isn’t worth the paper (or plastic) it’s printed on? What happens when those numbers in your internet banking mean nothing because you can’t withdraw it from the bank?

Ryan Dinse

01/07/2019

The Banks Strike Back Against Fintechs

In the fintech wars, you can’t expect the big banks and finance companies to be passive spectators. They will react when they can.

Ryan Clarkson-Ledward

17/06/2019

ANZ’s Share Price Rises on Boss David Hisco’s Departure News

Today, Australia and New Zealand Banking Group Ltd [ASX:ANZ] appointed Antonia Watson as acting CEO of ANZ, following the departure of David Hisco.ANZ’s share price weakened at today’s open on the news.But at the time of writing, shares were trading slightly higher at $28.28, up 0.21%.

Matt Hibbard

04/06/2019

Will the RBA Cut Interest Rates Today? – Pity the Poor Old Depositor

That is exactly what the market is predicting today. The RBA Governor said as much in the minutes from the last meeting. In fact, you are unlikely to find anyone who doesn’t think the RBA will lower the cash rate today.

Money Morning Editorial

06/05/2019

The Fictitious Numbers in Banks We All Trust

One thing I’ve been thinking about lately is plastic money and the fictitious numbers in banks we all trust.All this stuff, it’s not backed by gold or some other commodity. And it seems central banks and commercial banks can create as much of it as they like.