Suncorp Group Ltd (ASX:SUN) HEFFX Highlights

Suncorp Group Ltd (ASX:SUN) HEFFX Highlights






Suncorp Group Ltd (ASX:SUN) HEFFX Highlights Shares of Suncorp Group Ltd (SUN.AX) are heading in a near-term positive direction as the most recent close of the company has stayed above the Balance Step. The Balance Step reading takes into account the last 5 balance points of the weekly period plotted in step formation on a […]






Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain

Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain






Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain Two major Australian banks have successfully used blockchain, instead of paper, for bank guarantees on commercial property leasing. ANZ and Westpac teamed with IBM and shopping centre operator Scentre Group to digitise the guarantee process. The trial used distributed ledger technology to replace paper-based guarantee […]






Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights






Westpac Banking Corp (ASX:WBC) HEFFX Highlights Two major Australian banks have successfully used blockchain, instead of paper, for bank guarantees on commercial property leasing. ANZ and Westpac teamed with IBM and shopping centre operator Scentre Group to digitise the guarantee process. The trial used distributed ledger technology to replace paper-based guarantee documents, resulting in a […]






Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights






Westpac Banking Corp (ASX:WBC) HEFFX Highlights WESTPAC chief Brian Hartzer says “nothing is off the table” as the bank figures out how to recoup South Australia’s $370 million bank tax. His comments came as ANZ chief Shayne Elliott ­revealed his bank had already offloaded tens of millions of SA government bonds in ­reaction to the […]






Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights






Westpac Banking Corp (ASX:WBC) HEFFX Highlights Just a day after resolving a major outage to its online and mobile banking services, Westpac Bank has suffered from another systems failure, this time affecting EFTPOS, ATMs and card transactions. Westpac customers have blasted the bank after being locked out of their accounts for almost three days, leaving […]






Westpac Banking Corp (ASX:WBC) Warns Customers Of Email Scam

Westpac Banking Corp (ASX:WBC) Warns Customers Of Email Scam






Westpac Banking Corp (ASX:WBC) Warns Customers Of Email Scam WESTPAC customers are warned to be taking extra care following the emergence of a troubling malicious email scam this week. Discovered by Australian cybersecurity firm MailGuard on Wednesday, the scam is targeting Westpac customers with an email that has a subject line reading “your account is […]






Westpac Banking Corp (ASX:WBC) Adding AI Chatbots For Customer Service

Westpac Banking Corp (ASX:WBC) Adding AI Chatbots For Customer Service






Westpac Banking Corp (ASX:WBC) Adding AI Chatbots For Customer Service Westpac will be introducing chatbots to its workforce, to act as virtual customer service assistants and help customers with product questions and provide support for customers online. The bots will also work internally alongside Westpac staff to assist with commonly asked questions so bankers have […]






Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights






Westpac Banking Corp (ASX:WBC) HEFFX Highlights Westpac says bank levy will cost it $260m Westpac says it cannot absorb bank levy and customers will have to help pay for it Westpac Bank gears up for second shot at Hastings Funds Wealthsource Partners LLC Takes Position in Westpac Westpac executive faces sexual harassment claim Consumer confidence […]






America’s Small Businesses Need Tax, Healthcare, Banking Reforms

America’s Small Businesses Need Tax, Healthcare, Banking Reforms






America’s Small Businesses Need Tax, Healthcare, Banking Reforms Our country’s small businesses are hopeful that President Donald Trump’s plans for rolling back regulations and tax reform happen, as they feel both will stimulate the economy. “When small business owners put more money in their pockets, they hire new people and grow the economy,” Small Business Administration […]






Expert: “US Banking Sector Safe Enough for Deregulation”

Expert: “US Banking Sector Safe Enough for Deregulation”






Expert: “US Banking Sector Safe Enough for Deregulation” $MS, $DIA, $SPY, $QQQ, $VXX The United States  banking industry is in a total safe state and it is ready for some deregulation to sustain development, former Chairman/CEO of Morgan Stanley John J. Mack says. Time to cut the “Red Tape” The regulatory oversight now is dramatic […]






OCC Clamps Down Further on Well Fargo & Company (NYSE:WFC)

OCC Clamps Down Further on Well Fargo & Company (NYSE:WFC)






OCC Clamps Down Further on Well Fargo & Company (NYSE:WFC) $WFC Friday, the Key US bank regulator reversed course and revoked Wells Fargo & Co.’s (NYSE:WFC) right to shield the pay of former executives after a phony-accounts scandal. The lender also must now seek prior approval before naming new bank leadership, said the Office of […]






Winners at the Gulf Business Awards 2016

Winners at the Gulf Business Awards 2016






Winners at the Gulf Business Awards 2016 A total of 25 awards were handed to the winners during the event Tuesday The 5th Edition of the Gulf Business Awards was held in a glittering ceremony at Taj Dubai Tuesday evening and hosted some of the biggest business leaders in the UAE. A total of 25 […]






ITRC Reports 601 Data Breaches Year to Data

ITRC Reports 601 Data Breaches Year to Data






ITRC Reports 601 Data Breaches Year to Data The latest data breach count from the Identity Theft Resource Center (ITRC) reports that there have been 601 data breaches recorded YTD, and that more than 21-M records have been exposed since the beginning of the year. The total number of reported breaches increased by 17 since […]






Update: Federal and State Government Marijuana Policy

Update: Federal and State Government Marijuana Policy






Update: Federal and State Government Marijuana Policy House Republicans blocked an effort to open up banking for Marijuana businesses House Turns Back Effort to Give Pot Businesses Access to Banks. The Republican-led House Wednesday voted down an amendment to the FY 2017 Financial Services and General Government Appropriations Act that would have blocked federal regulators […]






The Fed Policy Makers are Fighting for Their Lives

The Fed Policy Makers are Fighting for Their Lives






The Fed Policy Makers are Fighting for Their Lives Something interesting happened the Friday (Quad Witching) before Brexit; trading volume exploded on a decline in the Dow Jones.  In the BEV chart below I inserted the daily trading volume (mils) for the Dow Jones instead of the usual BEV values to highlight what happened. It […]






Cyber Attacks from Terrorists ‘just a matter of time’

Cyber Attacks from Terrorists ‘just a matter of time’






Cyber Attacks from Terrorists ‘just a matter of time’ In Q-1 of Y 2016 alone, there were 2.2-B cyber attacks globally Rapidly evolving threats from cyber criminals and terrorist groups including ransomware and cryptoware could result in major attacks on critical infrastructure and industrial systems in the Middle East, according to prominent technology security firm […]






Exclusive Interview with Rick Burnett, Founder/CEO LaneAxis

Exclusive Interview with Rick Burnett, Founder/CEO LaneAxis






Exclusive Interview with Rick Burnett, Founder/CEO LaneAxis LaneAxis is a Disruptive Freight Management System Rick has brought forth a simple, scalable Virtual Freight Management system that puts information and cost-control under the command of the shippers. Rick and his Team have developed a simple desktop and mobile app that delivers efficiencies spanning the supply chain […]






The Real Barrier to Iran’s Economic Revival

The Real Barrier to Iran’s Economic Revival






The Real Barrier to Iran’s Economic Revival By now it has become clear that Iran’s expectations of an immediate economic revival following the nuclear deal were unrealistic. Tehran thought that the Joint Comprehensive Plan of Action (JCPOA) would restore its severed links to the international financial system and to sources of foreign investment. Instead, the […]