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Suncorp is the latest bank to complete the migration of comprehensive credit information under the lending industry’s new credit data sharing protocol. read more

Several New York investors have been building positions in Westpac, most notably Renaissance Technologies, a secretive US hedge fund founded by Cold War code-breaker, James Simons. read more

The Reserve Bank yesterday warned that it could force the country’s four major banks to offer least cost routing to all Australian merchants that accept contactless payments over the counter. read more

Citi Australia and 86 400 have launched NPP-enabled services to customers, despite disruptions to rollouts of the new capability caused by the COVID-19 lockdown measures. read more

A showdown looms this morning between ME Bank’s board and irate shareholders seeking accountability for the ruinous decision to slash redraw entitlements of thousands of its mortgage borrowers. read more

ANZ has entered an agreement to sell its Kiwi finance arm to a Japanese buyer but is still sweating on regulatory approval for the deal. read more

An overhaul of the board of directors of ME Bank is in the works, as restless shareholders seek to reform the governance of the bank. read more

Xinja Bank has cast doubt on its launch date for personal loans in the Australian market, as it continues to battle strategic challenges triggered by the lockdown. read more

Local payments start up Azupay has begun processing consumer to business payments via the New Payments Platform. read more

A group of investors have pulled financial support for Novatti’s bid to secure a banking licence from APRA. read more