ASIC targets questionable pay structures at CBA's Colonial First State; banks, APRA and the federal government work on ways to avoid the impact of the September support cliff; and the FSU calls for CUA to reverse a planned pay freeze.
Technological advancement is leading to greater efficiency, but also increased risks of cyber attacks, the Bank for International Settlements has found.
Fintech can unlock basic banking for billions of people but BIS and the World Bank are worried new threats will outpace regulators.
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