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Lost income and costs associated with its cyber attack in March will tip Latitude Group into loss for the year to December. read more

Westpac will stop offering a $3,500 cashback offer to refinancers on June 30. It is also increasing some home loan rates. read more

Woolworths’ payments division Wpay has commissioned payments services company Zepto to work with it on the development of a PayTo service. read more

Finance company Thorn Group has increased its shareholding in consumer lender MoneyMe to 8.6 per cent, after outlaying A$5 million to buy more than 64 million shares in MoneyMe’s recent placement. read more

Foreign exchange company OFX has acquired payments start-up Paytron Holdings, which has a business handling accounts receivable workflow, multi-currency accounts and card capabilities. read more

Commonwealth Bank has launched a notice account for business customers, designed to combine higher interest rates with flexible notice periods. read more

Potentia Capital Management has ended its long-running negotiations with Tyro Payments over a takeover of the payments processing company. read more

Accounting and business management software company Xero has declined to clarify what the future of its lending subsidiary Waddle will be after it completes its “exit” from the business. read more

Two companies have completed a foreign exchange transfer using eAUD, the digital currency being used in the Reserve Bank’s central bank digital currency pilot, converting it to USDC stablecoin. read more

The government yesterday announced a funding top-up for financial counselling services and set timelines for the introduction of an industry funding model for the sector. read more