48

Hiver is going nowhere, and five brands feels like it may be four too many for Teachers Mutual Bank. read more

A new report on embedded finance estimates that revenue from the sector will double over the next few years yet many financial institutions are unsure of how to get into the market. read more

Bank of Queensland has launched an issue of hybrid securities, seeking $300 million or more of capital and with expected pricing of 340 to 360 basis points over the three-month bank bill swap rate. read more

Zip’s US business is tanking and needs more management focus. read more

Business conditions are and have been far worse than has been admitted.  The Eftpos numbers tell the story. read more

Outgoing APRA chair Wayne Byres has returned to a question that has been a constant throughout his term – whether prudential regulation of Australia’s banking system achieves the right balance between.. read more

Credit managers have stepped up account reviews and are tightening up on collections, in the face of deteriorating business conditions. read more

The latest big-bank hybrid issue, CommBank PERLS XV Capital Notes, looks like being priced at a significantly tighter margin than pricing of the last round of issues in June. read more

Instalment payment company Sezzle has secured a new two-year credit facility to support its business in the US and Canada but will have to add high funding costs to its long list of challenges. read more

Westpac’s announcement that it is in takeover talks with Tyro Payments follows news earlier this year ANZ formed a joint venture with French payments company Worldline.  read more