Scaled-back Latitude makes its ASX debut

Consumer lender Latitude Financial Services was admitted to the official list of the ASX yesterday, completing a more modest listing than the company’s aborted attempt in 2019. read more

LawFinance thrown a lifeline

Litigation and disbursement funder LawFinance has organised a debt-to-equity swap with its lenders that will see it clear A$55 million of debt from its balance sheet. read more

Financial literacy 2.0

Your Financial Wellness has emerged as a leader in the provision of financial literacy and budget planning tools to the mutual banking sector, with eight organisations now using its services. read more

Bank asset quality to deteriorate

Measures of banks’ asset quality have deteriorated in recent months and the trend is likely to continue over coming months, given the unwinding of support measures such as JobKeeper, the Reserve Bank.. read more

How the BaaS numbers stack up

The payoff for banks offering banking as a service to tech companies, e-commerce platforms and other third parties can be substantial, according to a new report on the growing sector. read more

Mobile payments inquiry calls for submissions

The commercial relationships between providers of mobile payment services and financial services providers will be the core issue in an parliamentary committee inquiry into mobile payment and digital.. read more