Category : Search result: banking reform


Selfie Scam: Fraudsters Exploit NAB's Facial Recognition

Exclusive: A sophisticated criminal syndicate exploited a major flaw in National Australia Bank's 'selfie' identity verification, stealing over $1.5 million in a high-tech fraud that raises serious questions about biometric security.

Trump Enacts Cashless Bail Order Transforming US Justice System

In a seismic shift for America's judicial landscape, former President Donald Trump has enacted a groundbreaking executive order to eliminate cash bail, a move set to dramatically alter the US prison system and spark fierce national debate on justice and p

NatWest & Halifax Shut 39 Bank Branches

Major banking giants NatWest and Halifax announce the closure of 39 UK branches in 2025, citing a dramatic shift to online banking. Full list of affected locations and what it means for customers.

Spender: Tax Reform Key to Young Australians' Future

Independent MP Allegra Spender makes a powerful case for overhauling Australia's tax system, arguing it's essential for improving housing affordability, wage growth, and intergenerational fairness for young Australians.

Best UK Banks 2024 Rankings Revealed

Discover the official rankings of the best UK banks in 2024. Find out which banks lead in customer service, digital banking, and overall satisfaction.

CBA posts record $10.2bn cash profit

Australia's largest lender, Commonwealth Bank, posts a historic $10.2bn cash profit amid rising interest rates, sparking debate over banking sector accountability.

Lloyds to close 45 UK bank branches

Lloyds Banking Group announces the closure of 45 branches across the UK, impacting Halifax and Bank of Scotland customers. Find out the locations and what alternatives are available.

Metro Bank secures £925m rescue package

Metro Bank has finalised a £925 million rescue package, including £325 million in new capital and £600 million in debt refinancing, to stabilise its operations and reassure customers.

KPMG UK Faces Backlash Over Bank Remarks

KPMG UK has come under fire after a senior executive made contentious remarks about banks, sparking outrage and calls for accountability. Here’s the full story.

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