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The Australian Payments Network has approved the release of the "Tap-to-Phone with PIN" technology, developed by Quest Payment Systems. read more

Australia's bank customers have started to throw off their conservatism, buoyed by an easing of COVID-19 restrictions, along with government stimulus packages and cheap debt. read more

Japanese crowdfunding platform Crowd Bank is venturing into the Australian small business lending market, tipping A$50 million into Zagga, a marketplace lender set up in 2016. read more

The full year results of Australia’s big four banks show the negative effects of a low interest-rate environment on earnings, as the banks bunker down and brace for the full economic impact of the COV.. read more

Australia's second tier banks are facing similar cost pressures to those of the four major banks, but so far have not seen the same declines in their net interest margins. read more

Allied Credit, which pinched its core business from BOQ, has priced its inaugural asset-backed securitisation read more

Suncorp's insurance businesses hogged the spotlight at yesterday's AGM. read more

Buy now, pay later player Klarna has launched a customer loyalty program in Australia that the global fintech said will be rolling out over coming weeks – ahead of all of its European markets. read more

The privately owned Allied Credit is marketing the first term securitisation in Australia to be backed by motorcycle and marine receivables. read more

The recovery for Australia's banks will be "a drawn-out affair" as they struggle to regain pre-COVID earnings metrics, even as credit losses recede, S&P has warned. read more