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ANZ Bank has confirmed that it has suspended redraw access for home borrowers deferring loan repayments under Covid-19 relief packages. read more

One of Wirecard’s most senior executive directors in Australia and New Zealand has resigned from the troubled German-owned payments group. read more

A former business client of Wirecard Australia is suing the German-owned subsidiary for alleged misleading or deceptive conduct under NSW fair trading laws. read more

The collapse of the Wirecard holding company is set to create fallout in Australia and New Zealand on a number of fronts. One subsidiary was balance sheet insolvent at the end of December. read more

Members Equity Bank says it has sought information from Wirecard’s Australian management about the status of its German parent as the accounting scandal enveloping the group escalates. read more

The accounting scandal engulfing controversial German payments provider Wirecard AG could have wide-ranging impacts on Australian banks, merchants and retail customers. Australian consumers are at ris.. read more

A group of prominent figures in the Australian payments industry could miss out on the lucrative proceeds of a sale deal that might not proceed because of the economic lockdowns induced by the social.. read more

Developers at Commonwealth Bank are preparing the final touches on a new digital business arm aimed at corporate and SME customers. read more

The final report of the ACCC’s inquiry into currency conversion services has found the pricing of international money transfers (IMT) by the major banks is rarely market-leading, with the big banks se.. read more

Judo Bank estimates that $25 billion has been added to the debt obligations of small businesses as a result of the Australian pandemic. NFI is the candid brief from at least one big bank CEO to their.. read more