Briefs: Heritage opens Sydney branch, Citi wins custody mandate, Novatti secures acquiring licences 09 November 2021 6:04AM Queensland-based Heritage Bank has opened a branch at Macquarie Centre, a shopping mall in the Sydney suburb of North Ryde. read more
Briefs: ING ‘takes over’ MyState, RBNZ reviews overseas bank branches, Novatti makes offshore acquis 21 October 2021 6:13AM A week after announcing the appointment of a new chief executive, the MyState Ltd board has announced a new chair. read more
Briefs: New CMSPI chair, SFSF in runoff, Zip rebrands, and more 19 October 2021 4:19AM International merchant services consultancy CMSPI has appointed John Kerr - the former global chief executive of Deloitte Consulting – as chairman of its board. read more
Briefs: Openpay gets funding, ABGF makes first investment, new ANZ head of international 08 October 2021 6:22AM Buy now pay later provider Openpay has established a US$271 million warehouse facility, which will be used to fund receivables in the US. read more
Briefs: CBA completes buyback, Timelio establishes warehouse, new Heartland Bank COO 05 October 2021 7:21AM Commonwealth Bank has completed its A$6 billion off-market share buyback, buying 67.7 million shares at $88.62 a share. read more
Briefs: EML completes Sentenial acquisition, Zip partners with Microsoft 01 October 2021 5:11AM EML Payments has completed its acquisition of UK company Sentenial Ltd, which provides real-time payments services to UK and European banks. read more
Briefs: PEP funds MoneyMe, BNK sub debt, big changes for NZ investors 29 September 2021 5:11AM Consumer finance company MoneyMe has secured a new source of funding, an initial A$50 million funding commitment from private equity firm Pacific Equity Partners. read more
Briefs: PEXA moves into the ACT, debt management gets mobile, new Credit Clear director, tighter LVR 24 September 2021 5:27AM Online property exchange network PEXA Group has been granted approval to operate an electronic lodgement network in the Australian Capital Territory. read more
Briefs: Zip invests in Indian BNPL, Velocity Global Wallet fee alert, and more 23 September 2021 6:07AM Zip Co has acquired a minority interest in Indian buy now pay later company ZestMoney, which it says is one of the largest and fastest growing BNPL providers in India. read more
Briefs: New mortgage rate low, BOQ appointments, Smartpay CFO resigns, NZ OCR expectations 22 September 2021 6:40AM Greater Bank has cut its one and two-year fixed mortgage rates for owner occupiers paying principal and interest to 1.59 per cent. read more