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Aug 28 2020
Accountancy software giant Xero is set to break into SME lending by acquiring invoice finance platform Waddle and looking to launch new products.
Aug 28 2020
The major bank has announced the resignation of its chairman and the appointment of his successor.
Aug 27 2020
The financial services regulator has told the major bank that it will not take any enforcement action against it regarding alleged breaches of AML/CTF rules.
Aug 27 2020
Challenger bank 86 400 has become the first neobank to join the online broking platform’s lender panel.
Aug 25 2020
A class action lawsuit has been filed in the Federal Court against the Commonwealth Bank, which has been accused of breaching its best interests duty obligations.
Aug 25 2020
Melbourne has continued to see lower levels of auction activity and higher withdrawal rates amid the lockdown, while Sydney auction volumes have trended higher.
Aug 21 2020
Regtech solutions that help lenders and brokers more efficiently assess credit files and risk profiles have “the potential to improve performance across the lending industry”, the financial ...
Aug 20 2020
The economic fallout from the COVID-19 crisis will present the market with new opportunities to evolve and meet the changing needs of consumers, ANZ CEO Shayne Elliott has said.
Aug 19 2020
The major bank has revealed that almost 60,000 home loan deferral customers have resumed repayments following a three-month check-in.
Aug 18 2020
COVID-related provisions have triggered a 27 per cent slide in the non-major bank’s earnings, offset by strong credit-driven income growth.
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