Briefs: Former ME boss joins MoneyMe board UK fintech makes local acquisition 18 March 2024 8:20AM Former ME Bank chief executive Jamie McPhee has joined the board of consumer finance company MoneyMe. read more
Climate litigation heats up 15 March 2024 5:04AM Climate advocacy groups and investors have stepped up their use of litigation to try and speed up the move to net zero and, while energy and resource companies and government bodies are the main targe.. read more
ING back in the mortgage game 13 March 2024 5:18AM ING Australia regained momentum in the home loan market last year but is struggling to make headway with its push into the business banking market. read more
BNPL draft bill released 13 March 2024 5:16AM Providers of low cost credit contracts, including buy now pay later companies, will have to hold a credit licence and comply with modified responsible lending obligations under proposed changes to the.. read more
'Marginal' increase in non-performing loans 13 March 2024 4:39AM The proportion of non-performing mortgages on authorised deposit-taking institutions’ books rose over the past year but remains below levels reported in 2020 and 2021, and is in line with pre-COVID le.. read more
Aussie faces court over junk insurance claim 13 March 2024 4:37AM Shine Lawyers has filed a class action in the Federal Court alleging that Aussie Home Loans sold junk insurance to up to 30,000 customers. read more
Chalmers bows to ABA grid push 12 March 2024 5:06AM The Albanese government has committed to better co-ordinated regulation of the financial services industry, to “make it simpler and easier to do business”. read more
Briefs: CBA commits to AI development, new AFIA chair, RentPay offers more payment options 12 March 2024 5:04AM Commonwealth Bank has extended its partnership with Microsoft to further ongoing cyber security initiatives and develop generative AI applications. read more
FAR to reach deep into ADI's management structures 11 March 2024 3:51AM After a long and unexplained delay, the government has finalised a set of ministerial rules required for the operation the Financial Accountability Regime, including an extensive list of responsibilit.. read more
Call for Australia to follow NZ and Singapore scam reimbursement plans 11 March 2024 3:49AM Consumer groups and community legal centres have renewed their call for financial institutions to be liable for their customers’ scam losses, following a move by the New Zealand government to require.. read more