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Two decades of dramatic change

Two decades of dramatic change

Australia's life industry has undergone tremendous change, characterised in particular by the dominance of the banking sector and the exit of many big-name foreign players. What the industry has not seen in a decade is premium income growth thanks primarily to the erosion of its position in the key superannuation segment.

 

 

Banking and Payments Latest Headlines

Citibank Korea launches ‘Financial Product Development Contest'Free

GRGBanking's ATM to issue gift cardsFree

ANZ expanding its China businessFree

Pakistan is implementing IBAN standardFree

OCBC named Asia's Most Innovative BankFree

Allied Bank to launch mobile banking servicesFree

 

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Latest Features

Losing its lustre?

Losing its lustre?

Gold is a traditional safe-haven investment, a port in the storm for worried investors as concerns over the Eurozone drive uncertainty. But does it merit that reputation? And can demand from China and India help its remarkable upward trend continue?

Analyse and reward customer loyalty

Analyse and reward customer loyalty

Cardlytics has created a merchant-funded offers engine that uses a bank customer's shopping transaction data to tailor instant coupons and deals that appear in the online banking statement. Lynne Laube, president and co-founder of Cardlytics, tells Charles Davis about its plan.

Building m-payments around the world

Building m-payments around the world

Mature and emerging markets require separate approaches when it comes to mobile money. While mature markets are likely to go down the NFC road, emerging markets should work on the interoperability of m-payments to unlock cashless payments.

Tapping China's e-commerce market through strategic tie-ups

Tapping China's e-commerce market through strategic tie-ups

Chinese banks are building partnerships with third-party online payment providers to tap the huge potential of the country's e-commerce market quickly and in a cost-effective manner. Ericson Chan, chief information officer at Standard Chartered Bank China, tells Thomas Zink about its strategy.

A matter of Guan Xi

A matter of Guan Xi

China has become Asia's most promising wealth management market, and the unique characteristics of its high net worth individuals means local banks have a competitive edge over international peers, despite limited expertise in wealth management. Thomas Zink looks at China, Hong Kong and Singapore.