Lending down, write-offs up at Cash Converters 01 March 2017 5:08PM Cash Converters is working past its days as a purveyor of payday loans and producer of sequential corporate losses, to reposition as a lender of higher value loans, weighed down with less baggage. read more
ANZ sensitive on culture 28 February 2017 5:14PM ANZ has appointed Kathryn van der Merwe as group executive, talent and culture. In presenting the selection in a distinctive manner, the bank has made the routine replacement of its chief human resour.. read more
zipMoney drops pricey foreign funder 28 February 2017 5:09PM zipMoney may light a path into the debt capital markets for fintech financiers, if a warehouse funding line from a major bank turns out to be a precursor of further asset-backed funding. The bank tie.. read more
Growth and thrift salves at YBR 28 February 2017 5:08PM Growth in home loan settlements over the December 2016 half year enabled Yellow Brick Road to report a tiny "maiden profit". read more
CEO talking points ahoy 27 February 2017 4:55PM Posturing is the order of the week, as NAB CEO Andrew Thorburn gets set to front a parliamentary committee on Friday. Thorburn will be the first of four big bank CEOs to do so. A low-rate Westpac cred.. read more
ATM titan Cardtronics 'lacks pricing power' 27 February 2017 4:53PM DC Payments, the largest independent supplier of automatic teller machines in Australia, insists it is "not a monopoly or oligopoly supplier" and "nor does it have substantial market power that enable.. read more
Pepper tests lending boundaries 27 February 2017 4:52PM Non-bank lender Pepper Group is a measured beneficiary of limits on banks' growth in investment lending, and itself cautious on growth in this segment in Australia. read more
White-label works for AFG 27 February 2017 4:48PM The clamp by banks and APRA on residential investment loans rubbed off on growth metrics of mortgage broking entity Australian Finance Group, with a dip in overall settlements over the December 2016.. read more
Forgotten cash an EML springboard 24 February 2017 5:10PM Expansion into North America by EML Payments is yielding a rapid lift in a range of business and financial metrics. read more
APRA pulls leash on mortgage assessments 24 February 2017 5:09PM APRA will insist on more consistent rules on the assessment and reassessment of borrowers over loan serviceability, a measure intended to bolster other rules that, in effect, may restrain credit growt.. read more