ABA on board with EDR consolidation 03 February 2017 4:49PM The Australian Bankers Association has renewed support for "a one-stop-shop approach that would simplify the process" of external dispute resolution. read more
GE Capital pair steer OFX 02 February 2017 4:58PM Skander Malcolm will take the helm of foreign exchange company OFX Group, after an extended period of weak trading saw CEO Richard Kimber step down. The FY17 profit will fall by A$2 million. read more
Challenger label suits Tyro 02 February 2017 4:56PM Natalie Dinsdale, a banker with a pedigree in fintech, has joined Tyro Payments as new head of brand and marketing. read more
Strategy boffin takes data reins at ANZ 02 February 2017 4:55PM Emma Gray, a former head of strategy at Woolworths, has joined ANZ as chief data officer. She will report to Maile Carnegie, group executive digital banking. read more
Credit Corp a wizard at short-term lending 01 February 2017 4:29PM Momentum in Credit Corp's Wallet Wizard product lifted the consumer loan book for the firm by 16 per cent over six months and is now more than double the level of two years ago. read more
Spotcap primes to widen business loans 01 February 2017 4:28PM Fintech lender Spotcap has scored its first line of local bank funding, a facility from NZX-listed New Zealand bank, Heartland. read more
Negative equity confronts seven per cent of mortgage belt 01 February 2017 4:26PM Rising property prices are doing little to curb the number of mortgage holders with little or no equity in their homes. read more
Consumer credit practices ripe for reform 31 January 2017 5:15PM Banks need to sharpen up their practices for assessing unsecured loans, overdrafts, credit cards and credit card limit increases to individual and small business customers, the Code Compliance Monitor.. read more
Veda sees a brisk period for consumer lending 31 January 2017 5:13PM "New entrants", including the marketplace lending and fintech set, are doing their bit to drum up demand for consumer credit. Veda's Consumer Credit Demand Index for the December 2016 quarter also sho.. read more
Melbourne and Brisbane features in unit resales losses 31 January 2017 5:12PM Losses on the resale value of units, especially in regional areas, cast light on the ongoing debate over the risks to lenders from the escalating supply of multi-unit developments. read more