News Archive for February 2014

PayPal and Samsung are extending their collaboration with a new biometric feature that will allow users of the new Galaxy S5 smartphone to use fingerprint authentication for mobile payments with PayPal merchants.

As the world of virtual currency struggle to gain legitimacy, the industry has suffered a major blow as Japanese bitcoin exchange goes awol.

News that the Australian dollar could reach 66 cents by the end of next year made headlines around the country this week.

Apple is laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit cards on file through its iTunes stores.

When then global financial crisis (GFC) made fiscal uncertainty the norm in 2008, term deposits became more than just a way to balance an investment portfolio.

Not a headline you'd expect to see, but young Australians are actually engaging with life insurance products at a higher rate than older generations. According to new consumer research findings.

Recycled computers contain a worryingly high amount of sensitive personal information according to the National Association for Information Destruction (NAID), the non-profit data protection watchdog agency.

Six charities will be sharing in more than $1.1 million in new funding to help improve the life outcomes of families and communities across NSW thanks to Greater Building Society's Charitable Foundation.

Australia has a tendency to follow the UK model when it comes to financial product innovations, fees and customer service and the latest change from international heavyweight HSBC is bound to upset spenders who like to carry cash.

We're a nation of travellers, that's for sure, with 23% of the Australian population taking an overseas holiday in the year to November 2013 with globe trotting Gen Y and Baby Boomers leading the charge to foreign shores. But where are they going? One country topped the list as the most visited destination for all generations.

Financial comparison site mozo.com.au are championing the consumer cause in partnership with media giant News Corp Australia who launched consumer credit card hub moneysaver HQ this morning.

Business morale is climbing as the outlook for stronger sales activity has surged to a 10-year high, with 47 per cent of businesses expecting increased trade during the June quarter as confidence builds for the year ahead.

The number of households able to put money away each month once bills are paid are dwindling according to ME Banks biannual Household Financial Comfort Report.

Australians with overseas holiday plans in 2014 could possibly see their overseas buying power shrink if predictions of further drops in the Australian dollar become a reality.

Australia's two largest Airlines Qantas and Virgin Australia have been given the green light regarding plans to send millions of unsolicited prepaid debit cards to their frequent flyer member bases.

In its first board meeting for 2014, the Reserve Bank has elected to keep the cash rate steady at 2.50% where it has been resting quietly since August.

Ahead of the RBA decision today, several banks have made bold moves suggesting the battle for banking clients business is officially on.

Currently only a little over half of all Australians aged 14+ (52.5% feel confident when it comes to managing their finances and investment, according to a recent report released by Roy Morgan research involving a survey of 50,000 people per annum.