Zebit exit highlights challenges for profitless BNPL sector 10 February 2022 7:22AM A clean out of the ASX-listed buy now pay later sector appears to be underway after US-focused provider Zebit Inc signalled plans to delist its loss-making business from the local stock market. read more
Macquarie rallies on upbeat trading update 09 February 2022 5:43AM Macquarie Group’s share price rallied on Tuesday following the release of a third quarter update that puts the company on track to post another record full year profit. read more
Eftpos boss departs as three-way payments merger takes effect 08 February 2022 5:43AM Eftpos chief executive Stephen Benton has announced his departure from the domestic payments service following the formal activation of Australian Payments Plus Ltd – the new holding company for the N.. read more
Revolut signals push into Aussie lending market 08 February 2022 5:41AM UK based fintech Revolut is preparing to make a big splash in the Australian lending market after securing a full credit licence from the Australian Securities and Investments Commission. read more
Coalition parties won most cash from banking industry in 2021 03 February 2022 5:53AM The Australian banking industry pumped more than $1.44 million into the country’s major political parties in the 12 months to the end of June 2021, with federal and state arms of the coalition receivi.. read more
Genworth stock rallies on prospect of big capital returns 03 February 2022 5:46AM Shares in ASX-listed mortgage insurer Genworth rallied on Wednesday after the company issued an upbeat commentary on its December quarter performance. read more
Bendigo revamp targets cost reductions 02 February 2022 6:38AM Bendigo Bank chief executive Marnie Baker yesterday signalled an intensification of the company’s attack on costs after unveiling an organisational revamp that will consolidate the business and rural.. read more
ANZ mortgage flows stabilise as wait times improve 01 February 2022 5:36AM ANZ appears to have made some progress in its efforts to slash turnaround times on mortgage applications since the start of December, but the bank is yet to see an improvement in loan volumes. read more
FSU slashes headcount amid membership slide 27 January 2022 5:51AM The Finance Sector Union slashed the number of staff employed in its national and state offices last year by almost a third. read more
Bendigo, instos pump millions into Tic:Toc 25 January 2022 7:04AM Bendigo and Adelaide Bank has sunk another A$5 million into booming digital home loan originator, Tic:Toc Online, ahead of an expected float of the company later this year. read more