CBA manages reputation through another technology failure 07 September 2022 6:02AM Users of CBA’s digital banking platforms have been plagued by degraded service levels this week as the bank struggles to resolve technical problems affecting credit card accounts. read more
Index huggers prepare to flick Zip and EML 06 September 2022 5:46AM Troubled fintech payments providers Zip Co and EML Payments are facing renewed selling pressure on their ASX-listed securities in the next two weeks after both companies were removed as members of the.. read more
Not much left to sell at Challenger Bank 01 September 2022 6:16AM Challenger Limited’s recent decision to abandon its flirtation with the banking industry appears to make strategic sense given some revealing information in the latest edition of APRA’s monthly statis.. read more
MoneyMe, Novatti and Butn report bigger losses 01 September 2022 6:14AM As the profit season draws to a close the latest financial disclosures confirm that almost 90 per cent of the financial services companies to list on the ASX in the last five years continue to lose mo.. read more
MoneyMe eyes fresh capital 31 August 2022 5:57AM Rising interest rates have triggered a wave of capital raisings among non-banks in the last month as niche lenders brace for escalations in funding pressure. read more
Wisr will slow growth to shore up earnings 31 August 2022 5:54AM Struggling non-bank lender Wisr Limited says it will deliberately “slow its growth aspirations” over the next 12 months in a bid to make its operations profitable. read more
Splitit nails another capital raising 30 August 2022 5:43AM ASX-Listed Splitit Payments is the latest instalment payments provider to join the rush for fresh capital. read more
Fee bonanza boosts returns at PNG’s Kina Bank 30 August 2022 5:42AM Steep growth in transaction fees and mortgage lending have propelled ASX-listed Kina Bank to a 15 per cent leap in interim profit. read more
EML hit by payments fraud in Europe 25 August 2022 6:13AM Stockmarket activity leading up to the disclosure of a multi-million fraud at ASX-listed company EML Payments could come under scrutiny from market regulators. read more
Productivity Commission pans banks for leaden rollout of data sharing platforms 24 August 2022 6:06AM The Productivity Commission has raised concerns about the slow roll out of consumer data right functionality in the banking sector. read more