The life insurance sector, like much of the financial services industry, is currently under great scrutiny. But the full picture, while not rosy, is a lot healthier than many might believe.
New KPMG research finds that the Australian major banks (‘the majors’) are facing a challenging new era of industry transformation, reporting a decrease in aggregate profits for the 2018 half year.
As private credit markets continue to evolve, the bypassing of the traditional bank market has revealed a range of new debt structuring options for financial sponsors, with the latest trend: unitranche debt.
The normally sedate world of accounting is currently undergoing its biggest shake-up since Australia joined the International Financial Reporting Standards (IFRS) regime back in 2005.
The NPP (New Payments Platform) is set to revolutionise the Australian payments industry.
Research can no longer be distributed without explicit payment and corporate access, when “provided” by a third party must be clearly and commercially priced and cannot be charged to the to the underlying investor.
At its heart, the NPP provides a way to make real time payments in a secure and reliable manner. But its real value lies in ‘Overlay Services’ which businesses can use to deliver a better customer experience.
The new breed of machine learning or artificial intelligence based algorithms behind everyday services are far more complex than any program we knew before
It is no surprise, that in our third Banking on the Future report, for the 1,400 KPMG Gen Y professionals interviewed, a digital experience remains the most coveted bank attribute
Sending out official announcements just before Christmas can often result in limited pick-up. Particularly so when they concern the arcane subject of accounting standards.