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Steve Worthington

Steve Worthington

Steve Worthington is an Adjunct Professor at Swinburne University. He was previously Professor of Marketing at Monash University's Department of Marketing from 2002 to 2013, prior to which he worked at several universities in the United Kingdom and in executive roles at a UK bank and UK supermarket group. At Monash, Steve taught Strategic Marketing in the MBA program and Relationship Marketing and Marketing Financial Services in the Master of Marketing program.

His research interests are focused on the distribution of financial services, particularly through the channel of payment cards. These topics are of interest to both academics and practitioners. His paper Banking without the Bank, International Journal of Bank Marketing was ranked 12th highest downloaded article in 2012 (was 2nd most downloaded in 2011) and remains the 4th highest in terms of immediacy. This focused on the opportunities and challenges facing new entrants into the financial services market, particularly from brands such as Tesco Bank and Virgin Money. Steve is a member of the Financial Services Institute of Australasia and of the Academic Standards Board of the International Academy of Retail Banking. He is also an associate of the Australian Centre for Financial Studies (ACFS) for whom he wrote a paper entitled, Regulatory Interventions and their Consequences in the Australian Payment Card System, which was published in October 2013.

The ATM celebrates 50 years but we're using it less

Jun 27, 2017 03:04 am UTC| Insights & Views Technology

As the Automatic Teller Machine (ATM) celebrates its 50th birthday, its actually being used less and less to withdraw cash in Australia. There are currently more than 32,000 ATMs across Australia and cash withdrawals in...

Apple Pay may have won the battle but it may not win the war

Apr 06, 2017 07:33 am UTC| Insights & Views Law Technology

The Australian Competition and Consumer Commissions (ACCC) decision to deny some of Australias major banks the ability to collectively bargain with Apple and boycott Apple Pay, might have opened a whole new door for...

Apple Pay dispute may mean less opportunity to pay with your mobile

Oct 19, 2016 07:05 am UTC| Technology Life

As people increasingly reach for their phone to pay for goods in Australia, existing players in the contactless payment industry are trying to seek competitive advantage. Four of Australias leading banks are trying to...

Australian small businesses could be stretched by changes to commercial credit cards

Sep 02, 2016 06:41 am UTC| Insights & Views Business Central Banks

Small to medium enterprises (SME) are increasingly relying on commercial credit cards to finance their operations, because payment terms for the businesses they supply are stretching out. But if the Reserve Bank of...

Mobile payments and tap and go might not mean the end for tellers

Aug 03, 2016 06:03 am UTC| Insights & Views Technology

Consumers are drawing out less cash and using other methods to pay for things such as contactless payments, but this doesnt necessarily signal the end of bank tellers or their automated counterparts. There is...

Apple Pay no sure thing in mobile payments race

May 02, 2016 01:19 am UTC| Insights & Views Technology

When tech giant Apple announced its second quarter earnings of A$14 billion last week, it gave a limited glimpse into its mobile payments service Apple Pay. The service is gaining one million users per week, but not...

Negative Rates Series

Negative interest rates – are there any positives?

Mar 28, 2016 01:27 am UTC| Insights & Views Central Banks

Some say that economics is the dismal science and perhaps this is because many economic theories do not seem to work in practice. One contemporary example is negative interest rates, where instead of interest being added...

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Economy

U.S. Treasuries climb on investors’ anxiety over global economic distress; Fed’s policy sentiments closely watched

The U.S. Treasuries climbed during late afternoon session Tuesday as investors sought safe-haven investments amid growing worries over a global economic slowdown as equities turned red towards the end of this year ahead of...

UK gilt yields face turmoil on concerns over slowdown in global economic growth; eyes on November CPI data

The United Kingdoms gilt yields came under pressure during Tuesdays afternoon session, as investors remained jolted by concerns over a global economic slowdown after equity markets took a hit worldwide ahead of Britains...

German bunds jump after December Ifo business climate index disappoints investors

The German bunds jumped during European session Tuesday after the countrys Ifo business climate index disappointed market investors, amid a muted trading session that witnessed data of little economic significance. The...

USD/RUB likely to trade sideways at 67.00 by end of 2019, says Commerzbank

The USD/RUB currency pair is expected to trade sideways at 67.00 by the end of next year, according to the latest research report from Commerzbank. The Russian central bank hiked rates by 25bps on Friday, in line with...

Australia’s ANZ-Roy Morgan consumer confidence remains barely changed; future financial conditions flat

ANZ-Roy Morgan Australian Consumer Confidence was essentially unchanged last week, rising just 0.1 percent. Current financial conditions were down 2 percent, while future financial conditions were flat for the...

Politics

Melania Trump 2018: FLOTUS Allegedly Worried Donald Trump’s Health Is Badly Affected by Stress

As the First Lady of the United States, Melania Trump is expected to worry about many things concerning the initiatives and advocacies that her office supports. However, a recent report claims that she is also preoccupied...

WhatsApp skewed Brazilian election, proving social media's danger to democracy

Misinformation via social media was probably the main winner in Brazils October 2018 election, playing a troubling role in boosting far-right Congressman Jair Bolsonaro to presidency. Bolsonaro did not win 55 percent of...

Neoliberalism has led to a crisis in care – and we urgently need to solve it

Infant mortality is on the rise in the UK, while life expectancy for both men and women has stalled and is even dropping in some areas. In 2017, the number of homeless families and individuals placed in temporary...

Ramaphosa is missing an economic policy. What needs to be in it

As the entrails of the era under South Africas former president Jacob Zuma continue to be exposed each day before a commission set up to investigate corruption, so the country witnesses the consolidation of the political...

Law and order is no get-out-of-jail card for floundering politicians

With confidence in politicians at an all-time low, it would be easy to assume criminal law-making is only ever about law and order bidding and winning elections. For example, when it emerged that Hassan Khalif Shire Ali...

Science

Proteins reveal intricate details about life under the microscope

People have always been fascinated by life. We dream about revealing all its mysteries and are even searching other planets trying to find some forms of life there. Philosophies around the world have tried to define and...

How researchers assess whether medications work

This article is in the series This is research, where we ask academics to share and discuss open access articles that reveal important aspects of science. Todays piece explains how clinical trials assess drug...

These 'useless' quirks of evolution are actually evidence for the theory

Evolution is a fascinating field but can be rife with misunderstanding. One misconception is that evolution has some innate sense of direction or purpose. In reality, evolution is a mindless, plan-free phenomenon, driven...

Curious Kids: How does the Moon, being so far away, affect the tides on Earth?

This is an article from Curious Kids, a series for children. You can send your question to [email protected] You might also like the podcast Imagine This, a co-production between ABC KIDS listen and The...

Time travel is possible – but only if you have an object with infinite mass

The concept of time travel has always captured the imagination of physicists and laypersons alike. But is it really possible? Of course it is. Were doing it right now, arent we? We are all traveling into the future one...

Technology

‘Kingdom Hearts 3’ Release Date, Spoilers, Latest News & Updates: Alleged Theft Leads to Leaking of Gameplay Plot

Leaked images, plot, and all sorts of information have, unfortunately, become a common thing in the gaming industry. The latest victim is the upcoming title Kingdom Hearts 3 that still has more than a month left before its...

'GTA 6' Release Date, Latest News & Update: Possible Cities Where Sixth Installment Can Take Place

GTA 6 is still in development at the moment and it seems Rockstar Games are mapping out where exactly they want the narrative to take place. Right now, the studio hasnt announced anything about the title and that has been...

‘Final Fantasy VII: Remake’ Release Date, Latest News & Update: Reimagining to Come Out in December 2019?

Final Fantasy VII: Remake is speculated to hit the shelves sometime between 2020 and 2022. However, fans who have been religiously waiting for the title have been shocked that the game could very well come out as early as...

How Twitter got blindsided by India’s still-toxic caste system

Twitter chief Jack Dorseys first visit to India had been going so well. He got to meet Prime Minister Narendra Modi (an avid Tweeter with 44.5 million followers), King of Bollywood Shah Rukh Khan (36.8 million followers),...

What moves markets more, Twitter or traditional news?

Can a single tweet make a countrys currency depreciate by 16%? Apparently it did on August 10, when Donald Trump tweeted that US tariffs on Turkish steel and aluminium would rise sharply. Amid 36,100 retweets, and calls by...
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December 18 13:55 UTC Released

USRedbook YY

Actual

7.1 %

Forecast

Previous

6.6 %

December 18 13:55 UTC Released

USRedbook MM

Actual

-0.3 %

Forecast

Previous

-0.5 %

January 31 00:00 UTC 463164463164m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 463164463164m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 474984474984m

ARTrade Balance

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Forecast

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-1541 %

January 31 00:00 UTC 463164463164m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 474984474984m

ARTrade Balance

Actual

Forecast

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-1541 %

January 31 00:00 UTC 463164463164m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 463164463164m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 463164463164m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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