Electronic funds transfer at point of sale is an electronic payment system involving electronic funds transfers based on the use of payment cards, such as debit or credit cards, at payment terminals located at points of sale. EFTPOS technology was developed during the 1980s.
National Australia Bank is one of the four largest financial institutions in Australia in terms of market capitalisation, earnings and customers. NAB was ranked the world's 21st-largest bank measured by market capitalisation and 52nd-largest bank in the world as measured by total assets in 2019.
ANZ Bank New Zealand Limited is a New Zealand banking and financial services company, which operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021.
BankSA, formerly known as the Bank of South Australia, the State Bank of South Australia and the Savings Bank of South Australia is the largest bank in South Australia. It is a subsidiary of Westpac.
Danske Bank, formerly known as the National Irish Bank, is a bank operating in the Republic of Ireland. The bank is a subsidiary of the Danske Bank Group which is headquartered in Copenhagen.
The Australia and New Zealand Banking Group Limited (ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria. It is Australia's second-largest bank by assets and fourth-largest bank by market capitalisation.
St.George Bank is an Australian bank with its headquarters in Sydney. Since a 2008 merger, the bank has been part of Westpac, having previously been an independent legal entity. In 2010, St.George was deregistered as a company and ceased to be a standalone authorised deposit-taking institution.
Collins Street is a major street in the central business district of Melbourne, Victoria, Australia. It was laid out in the first survey of Melbourne, the original 1837 Hoddle Grid, and soon became the most desired address in the city. Collins Street was named after Lieutenant-Governor of Tasmania David Collins who led a group of settlers in establishing a short-lived settlement at Sorrento in 1803.
V/Line is a statutory authority that operates regional passenger train and coach services in Victoria, Australia. It provides passenger train services on five commuter lines and eight long-distance routes from its major hub at Southern Cross railway station in Melbourne. It also provides bus services across Victoria and into New South Wales, the Australian Capital Territory and South Australia. In addition, V/Line is responsible for the maintenance of much of the Victorian freight and passenger rail network outside of the areas managed by Metro Trains Melbourne and the Australian Rail Track Corporation.
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, and a large number of other financial institutions, such as credit unions, building societies and mutual banks, which provide limited banking-type services and are described as authorised deposit-taking institutions (ADIs). Many large foreign banks have a presence, but few have a retail banking presence. The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme (FCS) guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing.
The State Bank of South Australia was a bank created in 1896 and owned by the Government of South Australia. The bank became the subject of a two-year South Australian Royal Commission upon its collapse in 1991. The surviving part of the bank now exists as BankSA.
Gail Kelly is a South African-born Australian businesswoman. In 2002, she became the first female CEO of a major Australian bank or top 15 company and in 2005 was the highest paid woman in an Australian corporation. She is the former chief executive officer (CEO) of Westpac, a role she held from 2008 to 2015. In 2010 Kelly was named 8th most powerful woman in the world by Forbes and as of 2014, she is listed in 56th place.
Driver Group is a bus and coach operator in Melbourne, Australia. In July 2013 the five bus routes it operated were sold to CDC Victoria and was rebranded CDC Melbourne afterwards.
CDC Victoria is a transport company which operates in Victoria and is a subsidiary of ComfortDelGro Australia. It was renamed from Kefford Corporation, which was acquired by ComfortDelGro Cabcharge in February 2009.
Challenge Bank was an Australian bank. It was established in April 1987 when the Hotham Permanent Building Society of Victoria and Perth Building Society of Western Australia merged.
The four pillars policy is an Australian Government policy to maintain the separation of the four largest banks in Australia by rejecting any merger or acquisition between the four major banks. The policy, rather than formal regulation, first articulated in 1990, reflects the competitive concerns of more concentration as well as the broad political unpopularity of further bank mergers. A number of economically liberalist commentators have argued that the "four pillars" policy is built upon economic fallacies and works against Australia's better interests.
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales.
The Bank of Melbourne is a financial institution based in Melbourne, Australia, established in 1989 and taken over by the Westpac Banking Corporation (Westpac) in 1997. In 2004, Westpac rebranded the Bank of Melbourne branches as Westpac branches. In 2011, Westpac resurrected the brand after rebranding its purchase of Bank of St George in Melbourne specifically and possibly in response to its initial closing of the brand.
Ann Caroline Sherry is an Australian public servant and businesswoman.
Virgin Money Australia is an Australian financial services company owned by Bank of Queensland, and has 150,000 customers.
