The Commonwealth Bank of Australia (CBA) will be required to review its privacy and data retention policies under threat of court action from the Australian Information Commissioner and Privacy Commissioner.
The Australian Prudential Regulation Authority (APRA) has today granted ‘challenger bank’ Volt a licence to operate as an authorised deposit-taking institution (ADI).
Bendigo and Adelaide Bank today launched what it claims to be ‘Australia’s first fully cloud-hosted bank’, called Up.
The Australian Prudential Regulation Authority (APRA) will soon abandon manual processes used to determine its risk and manage compliance requirements in favour of a system delivered from the cloud.
