NAB results at a glance 03 May 2024 1:02AM Not as crappy as they first seem, though profits fell across the board at NAB. The bank's corporate and institutional banking is doing best at margins. read more
Fake term deposits scams 'better than ever' 03 May 2024 12:51AM Crooks behind fake term deposits scams and dodgy bond investments have upped their game, and consumers need to be even more wary. read more
AMP Bank looks for a tech solution 01 May 2024 7:11AM AMP Bank has partnered with financial technology company Simpology to develop a new home loan application process, aimed at providing a “superior broker experience. read more
Thinktank aims high 26 April 2024 4:57AM Non-bank lender Thinktank is working on a funding deal with a global bank that will allow it to more than double the maximum size of its residential property mortgages. read more
EML shares some good news 26 April 2024 4:53AM EML Payments reported its first good news to investors in almost three years on Wednesday, when it announced that the UK Financial Conduct Authority had removed a ban on its subsidiary Prepaid Financi.. read more
Briefs: Heartland satisfies Challenger-conditions, new OFX director, FSA and Westpac renew funding a 26 April 2024 4:47AM Heartland Group has completed a NZ$210 million equity raising. read more
Whole loan sales a growing funding source 24 April 2024 6:40AM Investors are increasingly attracted by the scalability and illiquidity premiums on offer within the flourishing segment that is 'whole loan sales'. read more
Westpac adopts open banking for mortgage applications 22 April 2024 3:42AM Westpac has partnered with mortgage processing technology company NextGen to use open banking for home loan applications across all its brands. read more
Deposit mix key to banks managing rate cuts 16 April 2024 4:59AM Deposits are 'key differentiators of profitability' and banks’ ability to manage their deposit mix will be important to their earnings when rates start to fall. read more
Briefs: Beforepay CFO resigns BOQ completes NZ asset sale 04 April 2024 3:46AM Beforepay chief financial officer Michael Bencsik has resigned to take up a CFO role at another financial institution. read more