Linking your mobile number to your bank account could have unintended consequences. SewCream/Shutterstock.com September 17, 2019 PayID data breaches show Australia’s banks need to be more vigilant to hacking Paul Haskell-Dowland, Edith Cowan University PayID has been misused and compromised in various ways since its 2018 launch. The system deals only in “incoming” payments, not outgoing ones – but that doesn’t mean users are safe from cyber crime.
First up before the Royal Commission on Monday will be the chief executive of the Commonwealth Bank. The era of the big four banks might be ending. Shutterstock November 18, 2018 The royal commission is about to grill the chiefs of the big four banks. Here’s why soon they mightn’t exist Pat McConnell, Macquarie University The economic underpinnings of the longstanding ‘four pillars’ policy are crumbling. Soon there may no longer be four big banks.
The big four banks have all dropped their ATM fees. AAP September 26, 2017 ATM fees may be gone but what will replace them? Pat McConnell, Macquarie University ATM fees were already under pressure from new technologies. The question is, what will banks do to replace that revenue?