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Around 100,000 Australian home borrowers could be hit with rate increases on owner occupier mortgages after up to $70 billion worth of home loans were reclassified as investment borrowings by the bank.. read more

ANZ chief executive Shayne Elliott might be set to unveil an earnings surprise at the bank's full year profit announcement later this month after the release of data showing his bank is eclipsing majo.. read more

Westpac has announced that it plans to loosen requirements for mortgage brokers to claim certain upfront commissions. read more

Melbourne-based lender Symple Loans is the first fintech to secure backing under National Australia Bank's $2 billion program to provide funding to tech-enabled startup businesses. read more

AUSTRAC has ordered an external audit of PayPal Australia's compliance with financial crime laws amid concerns that the payments platform has been exploited by child sex rings over the internet. read more

The US company charged with building a new contactless fare system for Sydney public transport has announced the roll out is complete - but the new platform cannot process Eftpos-based payments on mil.. read more

The Berejiklian government's apparent sidelining of the only Australian-owned payments scheme that can compete effectively against the likes of Visa and Mastercard warrants urgent and meticulous scrut.. read more

Margin contraction, credit card losses and a blowout in technology costs have crunched ME Bank's bottom line earnings for the 12 months to the end of June 2019. read more

ME Bank CEO Jamie McPhee admits that 2019 was the toughest 12 months in the banking caper since the havoc of the Global Financial Crisis a decade ago. read more

The founder and largest shareholder of electronic money provider iSignthis Ltd believes a public row over disclosure and governance won't upend his company's bid for a local banking licence. read more