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Efforts by banks, telcos and others to combat the scourge of scams are bearing fruit. The Targeting Scams report reveals a 13 per cent decline in reported scam losses to $2.7 billion over the year to.. read more

Incredibly, Prosegur are interested in buying Armaguard, but this won’t be needed. The ABA is understood to have reached terms with Armaguard that will assure cash distribution is maintained. read more

The deeply idealistic fintech Maslow has set itself a target of one million customers in five years’ time. This would make it even more successful than Up, in the event Maslow ever pull this off. read more

One or more of the four Australian-own banks that command New Zealand’s banking sector can be relied on to take on the role of a maverick, or so the Reserve Bank of New Zealand believes. read more

The maximum income for a single participant in the Commonwealth’s new shared equity scheme will be $90,000, Program Directions for the Help to Buy scheme show. read more

Expect bank dividends to be slashed under severe climate risk scenarios, while bad debts (at 5 times the base case) will be dreadful, with the industry facing 20 years of losses. read more

New Zealand is dreaming of a ‘digital cash’ version of the NZD currency. The only form of money “backed by the government and available to the public” is the promise. But the public isn’t being told a.. read more

A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more

In certain industries insolvency risks are soaring – but not in the industries a casual observer might expect, the March 2024 CreditorWatch Business Risk Index reveals. read more

A human-centric credit process will remain a hallmark of RedZed’s business as it shifts its risk appetite toward much higher value lends. read more