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Economy

Banks in a ‘war’ for tech talent
29 March 2018
ANZ, war, tech talent

A major bank executive has revealed how the group is competing with tech giants like Google for top talent.

Brokers flock to new e-lodgement platform
29 March 2018
mortgagebusiness

An e-lodgement solution developed by Simpology is fast gaining traction among lenders and aggregators, with user numbers growing tenfold in less than a year.  

Xinja raises $2m via equity crowdfunding platform
29 March 2018
mortgagebusiness

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

CCR legislation introduced into Australian Parliament
29 March 2018
mortgagebusiness

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

ING reports 18% profit boost as loans rise
28 March 2018
mortgagebusiness

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.

Data sharing to transform expense verification
28 March 2018
Data sharing to transform expense verification

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

Major bank cracks down on living expenses
28 March 2018
mortgagebusiness

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.

Queensland drags down new home sales
27 March 2018
mortgagebusiness

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

UBank sees uplift in completed loan applications through AI
27 March 2018
mortgagebusiness

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

ABA to require banks to sign new code of practice
27 March 2018
mortgagebusiness

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.