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Cross-border payments specialist Airwallex hopes to win more of its clients’ business, with the launch of a multi-currency cash management account. read more

Former APRA chair Wayne Byres will join the board of Macquarie Group subsidiary Macquarie Bank next year, as a non-executive director. read more

Diners Club International has notified customers in Australia that it will stop offering personal cards here at the end of January next year and that all personal accounts will close on 30 July next y.. read more

Investors are driving growth in the home loan market, while owner occupier activity is subdued and the heat has gone out of the refinancing market. read more

The Mozo Banking Roundup reported that for the third month in a row, most changes to at-call savings and term deposit rates were cuts. read more

Debt buyer Pioneer Credit is suing its former auditor PricewaterhouseCoopers, alleging negligence, breach of retainer and misleading and deceptive conduct in relation to PwC’s advice about the company.. read more

Judo Bank has entered the additional tier 1 securities market, with an issue whose indicative pricing is the highest ever for hybrid securities issued in Australia. read more

AFG has launched an interest-only mortgage for older borrowers who want to refinance investment property loans and reduce monthly repayments. read more

Newcastle Greater Mutual Group finished the 2022/23 financial year with A$20.1 billion of assets, making it one of the country’s biggest mutual banks and a “significant financial institution” for regu.. read more

Open banking data holders need to address issues in their systems to improve consent conversion rates, a review of the current state of the Consumer Data Right concludes. read more