Economy

Nov 29 2018

Aggregator systems and technological solutions are helping reduce the mortgage writing process and could help brokers demonstrate the work they do on an ongoing basis, the general manager of ...

Nov 29 2018

A big advantage that “neobanks” have over the big four is that they are nimble and highly scalable technology companies focused on customer experience, according to the co-founder of Up

Nov 29 2018

A rise in competition in the banking sector has been flagged by Standard & Poor’s as a “key risk” to mortgage quality in 2019.

Nov 29 2018

A big four bank has collaborated with Microsoft to design a proof of concept cash machine that uses facial recognition, cloud and artificial intelligence technology.

Nov 28 2018

The shareholders of a non-bank lender have supported a motion to change the group’s brand, which has coincided with the closing of a $750 million funding transaction.

Nov 28 2018

Delinquencies underlying Australia’s prime residential mortgages have dropped but remained higher than the historical average, according to Standard & Poor’s.

Nov 28 2018

Around 40 per cent of Australian home owners do not consider the impact of the RBA’s cash rate on their mortgage, a new study has found.

Nov 27 2018

The renewed focus on responsible lending has brought into focus the need for lenders to digitise the loan variation process for brokers, a technology sales director has said.

Nov 27 2018

The governor of the Reserve Bank of Australia has said that Australians have embraced electronic payments and will continue to favour this payment method.