Powered by MOMENTUM MEDIA
Broker Daily logo

Lender

ASIC opens consultation on new credit product powers
23 December 2019
ASIC

The regulator has invited stakeholder feedback on new powers that would impose product design obligations on credit providers.

Apple Pay arrives for Westpac subsidiaries
20 December 2019
St George bank

The bank will become the last of the big four to officially offer Apple Pay as a digital payment option for some of its banking customers, after introducing it first to its subsidiaries.

Lenders partner to form new mortgage business
19 December 2019
Partnership

A non-bank established by former Pepper executives has partnered with an ASX-listed lender to launch a new mortgage business.

NAB flags AUSTRAC breaches to shareholders
19 December 2019
NAB flags AUSTRAC breaches to shareholders

The major bank has confirmed that it may be involved in multiple breaches, or alleged breaches, of laws governing bribery, corruption and financial crime.

Westpac hit with class action after AUSTRAC allegations
18 December 2019
Westpac hit with class action

Phi Finney McDonald has commenced a class action against Westpac on behalf of  shareholders that acquired shares in the bank over the period in which AUSTRAC alleges Westpac breached AML/CTF ...

ASIC takes NAB to court over fees for no service
17 December 2019
ASIC takes NAB to court over fees for no service

The financial services regulator has commenced civil penalty proceedings against NAB after alleging that it has contravened the ASIC Act and the Corporations Act on “several thousand” ...

APRA launches probe into major bank
17 December 2019
APRA launches probe into major bank

The prudential regulator has commenced an investigation into a big four bank to identify possible breaches of the Banking Act while also requiring the bank to hold an additional $500 million ...

How to leverage voice-of-customer insights in ways that even the big banks can’t
17 December 2019
How to leverage voice-of-customer insights in ways that even the big banks can’t

Sarah Barnett discusses how aggregators are uniquely placed to capture and act on voice-of-customer insights to establish a sustainable competitive advantage.

LATEST PODCAST: What ASIC’s revised responsible lending guidance entails
16 December 2019
LATEST PODCAST: What ASIC’s revised responsible lending guidance entails

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

MoneyMe IPO to fund product expansion
16 December 2019
MoneyMe

The newly listed fintech is looking to tap into “unmet demand” by expanding its credit product range.