Funding for fintech start-ups dries up 30 November 2023 2:40AM Fintech start-ups are struggling with barriers to entry that are significantly higher than they were 12 months ago, a new report reveals. read more
Consumers surcharged on more of their payments 29 November 2023 6:14AM The frequency of merchants surcharging on card transactions has increased over the past few years, and merchants are just as likely to surcharge on a debit card transaction as on a credit card payment.. read more
PEXA ramps up its opposition to interoperability 28 November 2023 5:50AM Just days after a PEXA senior executive told investors that Australia’s e-conveyancing interoperability program was “complex and challenged” and should be reviewed, the company’s chief executive told.. read more
Wisr AGM a debacle 28 November 2023 5:49AM Wisr shareholders made their feelings about the recent executive and board upheavals at the consumer finance company clear yesterday, when they voted down the remuneration report and two other resolut.. read more
Banks to adopt confirmation of payee 27 November 2023 6:13AM Banks are stepping up their efforts to protect their customers against scams, announcing the launch of a Scam-Safe Accord whose first project will be the development of a confirmation of payee system. read more
Rising hardship to be a long-term problem 24 November 2023 5:55AM A significant number of Australian “risk leaders” expect higher levels of default and hardship to last for the next couple of years, and are tightening their credit criteria in response. read more
Consumer awareness of home loan alternatives low 24 November 2023 5:39AM Home loan borrowers and people saving for a deposit are largely unaware of the growing range of alternative home ownership strategies, a new report reveals. read more
Patchy industry response to new financial counselling funding model 23 November 2023 5:58AM The Australian government has secured industry funding commitments for the financial counselling sector totalling around A$30 million, under a new voluntary industry funding model, and will go ahead w.. read more
ABS leads securitisation market growth 21 November 2023 5:43AM The very strong growth in the issuance of asset-backed securities, and one of the questions up for discussion at yesterday’s Australian Securitisation Forum annual conference was whether ABS issuers c.. read more
Tyro wins contract dispute 20 November 2023 5:39AM Tyro Payments has won a breach of contract case against one of its agents, with the Supreme Court of New South Wales restraining Kounta Pty Ltd from trying to sell competing services to Tyro merchants.. read more