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Volt Bank clients - fintechs and others – are this morning scrambling to identify and engage with alternative suppliers of a banking-as-a-service offering, and minimise damage to their own businesses. read more

Non-bank mortgage funder Resimac appears to be the buyer of the mortgage book of Volt Bank, which is exiting the industry. read more

The board and management of Volt Bank, in their bombshell decision yesterday to hand back their banking license, have underscored the fragility in so many fintech business models in Australia.    read more

Athena Mortgage may be a relatively new name in non-bank mortgage origination, but it looks to be a highly disciplined operator. read more

Interchange is to the fore as New Zealand progresses to a faster payments culture.   read more

A demerger of the banking business from Suncorp group, or an outright sale of Suncorp Bank, is back on the horizon. read more

Bradley Jones has been appointed assistant governor, financial system group at the Reserve Bank of Australia. read more

Comment: The numbers are going to be big. Bigger than now.   A trillion plus debt racing for $10 trillion.  read more

Personnel costs at the major banks increased by a whopping 17 per cent over the year to December 2021. read more

Payments volumes fell heavily in May, and total payments volumes across the economy in May were 12 per cent below the post-pandemic payments peak recorded in February. read more