Westpac announces fingerprint technology for new online banking system
Westpac customers will be able to use their fingerprint to securely sign into the bank’s new mobile app, Westpac Live.
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Westpac scores highest satisfaction of Big Four but still far behind mutual banks
While Roy Morgan results showed Westpac scored the highest satisfaction at 81.5% in October of the Big Four banks, communications director Norman Morris said the real satisfaction pacesetters were the mutual banks with 89.9% satisfaction compared to an average of 81% for the Big Four.
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NAB plans to introduce new technology after “disappointing” cash earnings decline to $5.18 billion
The National Australia Bank today released its 2014 Full Year Result, which showed a 9.8% downward slide from the previous year in cash earnings to $5.18 billion.
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ING DIRECT wins Best Bank in the Mozo People’s Choice Awards
25,000 bank customers have cast their votes and ING DIRECT has been crowned the Best Bank for the fifth consecutive year, as well as Best Bank Accounts, Best Debit Cards and Best Savings Accounts in the annual Mozo People’s Choice Awards.
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Employment figures jumped up in August but “there’s still a long way to go”
While seasonally adjusted estimates from the Australian Bureau of Statistics showed an increase in employment of 121,000 people to 11,703,500 over August, Senator Eric Abetz warned “there’s still a long way to go.”
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ANZ releases financial services app 'Grow by ANZ' combining banking and wealth
First there was the CommBank’s cardless cash feature, followed by Westpac’s emergency cash solution and now ANZ has launched its Australian first digital app 'Grow by ANZ' that combines wealth and banking in the one place.
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Most Aussies find bank advertisements confusing and misleading
The majority of Aussie consumers believe bank advertisements are confusing, actively misleading and even indecipherable as very few people know how to correctly interpret the advertisement’s financial content, new research by People’s Choice Credit Union showed.
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Commonwealth Bank says Aussie spending will grow despite tough budget
The Commonwealth Bank’s latest Business Sales Indicator (BSI) suggests Aussie spending will grow in the next few months, despite the tough budget announcement.
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Survey shows bank customer satisfaction is highest online
A new study by Roy Morgan has found customers who use their financial institution’s website to conduct banking have the highest level of satisfaction.
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Bitcoin exchange Mt. Gox goes awol: bitcoin value drops 60%
As the world of virtual currency struggle to gain legitimacy, the industry has suffered a major blow as Japanese bitcoin exchange goes awol.
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