Economy

The new digital lender has raised $2 million from more than 1,000 investors via equity crowdfunding platform Equitise.

Legislation to enforce mandatory comprehensive credit reporting (CCR) has been introduced into the Australian Parliament on Wednesday by Assistant Minister to the Treasurer Michael Sukkar

The bank has released its results for the 2017 calendar year, reporting a 9.9 per cent rise in loans and an 18 per cent profit increase.

A leading fintech investor believes the data economy could become as significant as the financial services sector over the next 20 years.

A big four bank will soon require brokers to provide additional information and supporting documents to give an “accurate view” of their clients’ living expenses.

Sales of new detached houses declined for the second consecutive month during February, although several key markets experienced growth.

A new AI-powered assistant that helps customers through the home loan application process has boosted the digibank’s completion rates by 15 per cent, the NAB subsidiary has revealed

Retail banks wishing to join the Australian Bankers’ Association will be required to sign up to the new code of practice before becoming a member, the association has revealed.

Reckon Loans, the collaboration between cloud accounting firm Reckon and fintech lender Prospa, has broken the $10 million barrier in its first 18 months.

Following on from the news that an analytics firm breached data security permissions, the Australian Banking Association is calling for more time to implement the open data regime to address ...