The ‘super app’ is here

Douugh Ltd, which is in the business of developing personal financial management tools, has launched a trial of its financial “super app” in Australia and has flagged a full market launch later this y.. read more

SMEs resilient, lender says

Judo Bank’s latest SME Banking Insights reports that, overall, SMEs are resilient in the face of rising inflation and interest rates. read more

Bank fees fall

A broad range of household, business and government bank fees fell in the year to June 2021, due to a combination of lower activity in some markets and fee reductions in others. read more

Macro policy: APRA tells ADIs be prepared

APRA has spelled out the measures it will use to set macroprudential policy, which involves limiting certain types of lending, to ensure that authorised deposit-taking institutions have systems in pla.. read more

Nano plans global SaaS expansion

Digital mortgage lending start-up Nano was in the news last month, when AMP Bank announced that it would use Nano’s technology to develop its own digital mortgage product, and now the company has reve.. read more

Lenders raise home loan rates by 50 bps

A week after the Reserve Bank raised the cash rate 50 basis points to 85 bps, all big four banks have passed on the full increase to home loan customers and most other lenders have passed on the rate.. read more