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Around 18 per cent of retail banking customers in Australia use a mobile wallet linked their account. read more

In a consultation paper issued yesterday, the Payments System Board of the Reserve Bank has aired concerns over competition issues in the mobile payments market. read more

The Cairns-based credit union ECU is to merge with Queensland Country Credit union, following a member vote on Friday. read more

Last year's slump in venture capital investment in the fintech sector accelerated through 2016. read more

Suncorp, CommInsure, Coles are all stragglers on Roy Morgan's latest household insurance satisfaction survey, with South Australia's RAA the general insurance front-runner. read more

Investment property loans are the best performed, with the lowest arrears, making them a tempting growth segment. read more

A new public sector financial intermediary may get the green light in 2017. It would be an aggregator for social housing finance but not a "bank". 20-years or longer bonds considered. read more

Melbourne non-bank RedZed Lending Solutions has bought ME's run-down business banking portfolio. read more

There is a high degree of probability (approaching 90 per cent) that Italy will experience a severe banking crisis in the next few quarters, John Maudlin asserted in a lively Saturday newsletter. read more

More than one third of European countries have banking bad loan ratios of more ten per cent. Capital is better than it was, but profits are weak. read more