Lender

MyState launches digital money management tool
5 August 2020
MyState launches digital money management tool

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

Westpac bounces back with multibillion-dollar mortgage boost
3 August 2020
Westpac bounces back with multibillion-dollar mortgage boost

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.

Bendigo launches new home loan product
30 July 2020
Bendigo launches new home loan product

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

Westpac woes mount amid new disclosure failures
29 July 2020
Westpac woes mount amid new disclosure failures

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.

Major bank veteran to step down
29 July 2020
Westpac veteran to step down

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

Business lender acquires invoice financier
29 July 2020
Business lender acquires invoice financier

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

Illion and Tic:Toc seek to help lenders improve approval times
23 July 2020
Illion and Tic:Toc seek to help lenders improve approval times

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.

NAB introduces wait list for FHLDS
23 July 2020
NAB introduces waiting list to ‘manage demand’ for FHLDS

The major bank has revised its application process for loans backed by the First Home Loan Deposit Scheme in a bid to ‘manage demand’ .

ASIC to review responsible lending guidance
22 July 2020
ASIC announces decision on responsible lending appeal

The corporate regulator has revealed that it will review its updated responsible lending guidance after deciding not to take further action in the “wagyu and shiraz” case.

Neobank to launch share trading platform
22 July 2020
Neobank to launch share trading platform

Fintech lender Xinja Bank has announced that it is to launch a US share trading platform for its customers, subject to regulatory approval.