Merchant POS upgrade helps ThinkSmart 16 August 2011 4:28PM Computer and office equipment finance company ThinkSmart is counting on investment by its merchant partners in the upgrade of their point-of-sale systems to drive new business, according to an inves.. read more
ANZ halts work on Mambo 15 August 2011 4:39PM Over the weekend, ANZ confirmed that it ceased development work on Mambo, though it will continue to meet funding commitments to BPay. read more
Dividends trump capital at Commonwealth 11 August 2011 4:52PM Controversies over bank profits are never far away in Australia, and the latest profit reported by Commonwealth Bank might be one capable of reviving this debate. For all the talk of the "challenging".. read more
Asian investments opaque, but growing 11 August 2011 4:35PM "One area of investment that doesn't get a lot of exposure," CBA's chief executive, Ralph Norris, half-complained at yesterday's investor briefing, "is that of Asia, where we have been pursuing a co.. read more
MyATM makes tactical withdrawal 10 August 2011 4:34PM Customers Limited will take over 120 automatic teller machine sites operated by MyATM, with the operator of the largest ATM fleet taking advantage of the fragile position of one of the smallest. read more
Small lenders struggle for business 10 August 2011 4:32PM The market share of non-bank lenders in the housing finance market declined for the eighth straight month in June, monthly data published by the Australian Bureau of Statistics shows. read more
Conservatism rules at Bendigo 09 August 2011 4:46PM Bendigo and Adelaide Bank is hoping a tempering of pricing on term deposits will lift margins at a time of rising liquid asset levels, which are climbing both at management's choice and because of c.. read more
More bank capital needed, argues IMF 08 August 2011 4:44PM The International Monetary Fund yesterday called on Australian financial regulators to adopt higher capital ratios for major banks. read more
Collection costs mount for Pepper's Wizard loans 08 August 2011 4:39PM Nine per cent of the home loans acquired by Pepper Homeloans from GE Capital are in arrears by 30 days or more. Of those in arrears, Pepper is treating more than half as hardship cases. read more
FHOG cohort up-to-date with payments 08 August 2011 4:33PM The after-effects of the mis-selling of home loans by mortgage brokers in south-western Sydney in the early 2000s continue to linger, with loans from that era and that location being among the worst.. read more