Briefs: Westpac NZ launches bond issue 20 March 2018 6:00PM Westpac's New Zealand arm has launched a five-year unsecured bond issue which will be priced on Wednesday (21 March) and issued on Friday. read more
Foreign News: RBS hatching secret plan for digital challenger, Barclays partners on wearables, FCA m 20 March 2018 5:55PM The Royal Bank of Scotland is reportedly working on "secret plans" to create a standalone digital challenger bank. read more
AD: P&N Bank's Open Banking Strategies 19 March 2018 5:40PM With Open Banking expected to disrupt the Australian financial services industry over the next year, banks, credit unions, mutuals, fintech disruptors and payments organisations must readily prepare.. read more
ANZ suspends consumer asset finance 19 March 2018 4:29PM The ANZ-branded remnant of the bank's former Esanda finance arm "will suspend providing new secured asset finance loans for retail customers in Australia while it undertakes a detailed review of its b.. read more
Aussie late to responsible lending 19 March 2018 4:25PM Aussie Home Loans did not have "a formal … responsible lending policy" until a couple of weeks ago. AHL's chief financial officer Giles Boddy confirmed an account of slipshod compliance culture, fre.. read more
Capricornian revs loan growth 19 March 2018 4:24PM The Capricornian, a Queensland credit union, reported asset growth of 12 per cent (annualised) over the half year to December 2017. read more
Online lender pitches for mass market green car buyers 16 March 2018 5:59PM Online lender loans.com.au has teamed up with the Clean Energy Finance Corporation to cut the interest rate on loans used to buy fuel efficient and electric vehicles. read more
Briefs: Correction re Firefighters CU, PIMCO pulls back on bank debt, NZ credit unions' core banking 16 March 2018 5:56PM Firefighters Credit Union is not exploring or had any discussions with South Australian fire service mutuals in relation to joining forces and is not actively seeking any merger partners. read more
Foreign News: first UK data on push payment scam costs 16 March 2018 5:54PM Last year UK bank customers lost £236 million to scammers who tricked them into transferring cash into accounts run by criminals. read more
Foreign news: Crypo Coinbase joins UK faster payments, Google bans crypto ads, Big AI spend for OCBC 15 March 2018 5:45PM Digital currency exchange Coinbase has been granted an e-money license by the UK's Financial Conduct Authority and joined the Faster Payments Scheme as an indirect member courtesy of a tie-up with Bar.. read more