technology

ANZ chair Paul O’Sullivan has pledged to fix the system issues that led to the bank’s stretched turnarounds, as its home loan book continues to dive.

Research has found that more than half of Australians intended to use buy now, pay later schemes during the Christmas period.

A new survey, including 54 Australian lender leaders, has found that 60 per cent wish to leverage new data to determine credit risk.

The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.

Data intermediary and fintech Adatree has become the first principal under the new Consumer Data Right (CDR) access model – allowing it to help other companies access open banking data.

Buy now, pay later service provider Afterpay Australia has launched a new money and lifestyle app to its 3.6 million users using Westpac’s banking-as-a-service offering.

The $39 billion sale of the buy now, pay later giant has received approval from the Bank of Spain, clearing the way for it to take effect from February.

The non-major bank will have a direct-to-consumer digital mortgage in market in 2022, the chief executive has revealed, as it explores “new business opportunities”.

The bank has transformed its home loan application system in the hopes of providing greater visibility and enabling faster approvals.

In a recent episode of Broker Daily Spotlight, ANZ's efforts to bolster support for brokers were outlined by Ivan Mioc, a seasoned professional with over 20 years of experience in the ...

Lenders are the second-most common type of fintech in Australia, taking up a quarter of the sector that is mostly now geared towards expanding offshore.

Two government bodies have told financial services providers to be aware of the misuse of emergency and disaster payments.

ASIC has called for firms to persevere as data suggests cyber resilience improved roughly one-tenth of the intended target in two years.

Fintech Frollo has added neobank Up to its open banking platform, with more consumer data holders expected to follow in the coming weeks.

Beyond Bank has partnered with fintech Frollo, to use its open banking data-sharing platform.

A new wave of biometric technologies has promised to mitigate risks for banks and mortgage lenders and improve customer experiences in regard to signing loan documents.

Australian consumers’ rabid appetite for buy now, pay later (BNPL) has left credit bureaus scrambling to keep up, one firm has found.

The government will move to reform the payments regulation system for the first time in 25 years, which could introduce new rules for buy now, pay later providers.

The arrangement aims to introduce its product across OZEDI’s 50,000-plus customer base.

A new group executive for technology and group chief information officer has been announced at the Commonwealth Bank, replacing Pascal Boillat.