Lender

Home lending volumes bounced back in June, according to the ABS, but stage 4 lockdown measures in Melbourne are set to have a “material” impact on demand over the coming months.

The dispute resolutions body has expressed support for ASIC’s proposal to ban a “continuing credit” product.

The financial services industry software provider has recruited Investment Trends CEO Michael Blomfield to the newly-created role of chief commercial officer.

The non-major bank has introduced AI-driven digital banking services that are built into customers’ everyday transaction and savings accounts.

The big four banks have continued to record strong owner-occupier-driven portfolio growth, with Westpac and ANZ leading the pack in the final month of the 2020 financial year.

The non-major bank has launched a new home loan product with online redraw facilities and full offset on multiple accounts.

AUSTRAC’s investigation into Westpac’s alleged breaches of anti-money laundering and counter-terrorism laws has widened amid new revelations from the major bank.

Westpac announced the looming departure of one of its longest-serving executives.

SME lender Grow Finance Group has completed its acquisition of an invoice finance lender, its second acquisition in less than a year.

The parent company of BankStatements.com.au is to resell Tic:Toc’s lending solution to other lenders in a bid to improve turnaround times.