ASIC has accused the now-defunct Westpac brand of breaching its obligations under credit laws and engaging in "widespread unlicensed conduct" between June 2019 and April 2023.

(Reuters) -Australia's corporate regulator said the mortgage broking unit of No.2 lender Westpac had used falsified payslips from non-existent employers to approve home loans in a lawsuit filed on ...

Westpac Banking Corp. is preparing to cut over 1500 jobs, which would be the bank’s largest round of job cuts in a decade. According to a report by the Australian Financial Review, this move is ...

Picture: Getty Images Westpac posted a 1 per cent drop in first half cash profit to $3.3bn. It’s return on equity pushed up to 11.1 per cent. Dividends were up 1 cent at 76 cents a share.

But a software vendor can’t succeed without customers invested in making change and leveraging their wares . Westpac established an “ Intelligent Process Office” in 2022, and it has rapidly ...

Carolyn McCann — group executive, customer and corporate services at Westpac — explained that BMF was chosen for the role because of the agency’s creativity, and strategy-centric thinking.

Westpac will focus on making further inroads into business banking under the reign of incoming boss Anthony Miller, who is replacing Peter King as chief executive at the lender. Miller, who will ...

Over the past two years, Westpac has “saved customers over $400 million from being lost to scammers and has invested more than $100 million in new detection and prevention measures, including ...

Westpac and three other ASX bank shares at new multi-year highs At the time of writing, Westpac shares are up a far more confident 0.43% at $28.23 each. But earlier this morning, we saw those same ...

Citi analyst Brendan Sproules maintained a Hold rating on Westpac Banking ( WEBNF – Research Report) today and set a price target of A$22.25. The company’s shares closed last Wednesday at $15.52.

Westpac and nCino have led a $28 million funding round in Rich Data Co, an Australian AI decisioning platform for bank business lending.

Westpac today launched its first third party Android terminal app, Presto, as part of new cloud-based integrated payments solutions for merchant customers to help make it faster and easier to run ...