14

Lenders and mortgage brokers predict the nation's overall home loan marker to keep expanding this year, although the major banks may lose out. read more

Lacklustre investigation into probable breaches by financial planners leaves AMP embarrassed and its management failings recounted in detail by the Federal Court. read more

Commonwealth Bank, buoyed by last week's launch of its partnership with Swedish payments giant Klarna, unveiled X15 Ventures, a play to attract - and possibly retain - fintechs for its customer base. read more

Digital payments provider Klarna launched in Australia yesterday, with CBA announcing that it had invested a further US$200 million in the Swedish buy now pay later company. read more

The Australian Financial Industry Association has released a draft code of practice for the growing 'buy now pay later' sector, a move the association has claimed as a world first. read more

Westpac has promised to have Apple Pay ready for its retail customers by June 2020. If achieved, this would rank Australia's second largest retail bank at about number 100 in terms of speed to market. read more

NAB's leadership used their opening speeches to try to set a calmer tone for the bank's AGM in Sydney yesterday. They were only partially successful. read more

The Australian Financial Industry Association is aiming to develop and launch a code of practice for the buy now pay later sector, starting with a public consultation in mid-January. read more

Westpac's AGM, held in Sydney yesterday, was notable for the views expressed by retail investors against the board members and the external auditor. Nevertheless, a spill motion was comprehensively de.. read more

RBA governor Philip Lowe has levelled a damning critique of major banks, naming the Commonwealth Bank in particular over an apparent reluctance to fully embrace the New Payments Platform. read more