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Two of Australia's non-bank mortgage originators have hit their securitisation investors this week, raising more than A$1.6 billion for further lending operations. read more

Novatti says its application for a Restricted Authorised Deposit Taking Institution banking licence is "ready for final submission and approval by APRA". read more

While the indications are that bank customers want a better banking experience, it's still not clear that the cohorts of emerging digital only "neobanks" will benefit. read more

Australian banks have been prodded once again over their apparent complacency and reluctance to embrace innovation - notably a reluctance to consider the opportunities offered by open banking. read more

Stuart Stoyan, founder and chief executive officer of non-bank lender MoneyPlace, has suggested the new Consumer Data Right regime may attract global tech giants into the Australian fintech markets. read more

Banking sector analysts at Macquarie assert that 'diseconomies of scale' put three of Australia's majors at risk of large capital imposts under new rules proposed by APRA and RBNZ. read more

The approach of open banking, slated for February 2020, is raising strategic concerns, rather than technical questions, at some of Australia's neobanks and smaller banks. read more

Australia's next generation of so-called neobanks are relying on open banking to lift their businesses from niche players to serious mainstream banking contenders, without delay. read more

Allied Credit, specialist financier for the motorcycling and marine sectors, has appointed a new chief executive and revamped its management team in a bid to expand its motor vehicle finance business. read more

Newcastle Permanent's annual results for FY2019, show the mutual's net after-tax profits dropped almost 20 per cent, compared to its prior FY2017/18 year. read more