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EML Payments is adding to its growing portfolio of European payments business, with the acquisition of UK company Sentenial Ltd, which provides real-time payments services to UK and European banks. read more

Despite all the talk of an overheated housing finance market, the latest official data show that lenders’ mortgage balances continue to grow at a moderate rate. read more

The Australian Competition and Consumer Commission has given the go-ahead to NAB’s proposed acquisition of 86 400. read more

RedZed Lending Solutions has completed its largest securitisation transaction to date, raising A$550 million through an issue of residential mortgage-backed securities. read more

Property website operator REA Group is set to take over mortgage broker franchise group Mortgage Choice, after the two companies announced that they have entered into a scheme implementation agreement.. read more

Buy now pay later company Openpay has announced a product development and distribution agreement with Worldpay, a division of the global payments group Fidelity Information Services. read more

Household wealth grew by 4 per cent (A$502 billion) in the December 2020 quarter, driven by higher residential property values. read more

It will become increasingly difficult for BNPL companies to raise capital, Macquarie Securities concludes in review of a sector with explosive growth. read more

Lender Metrics Credit Partners has taken a big step up in the corporate finance market, announcing that it will acquire Investec’s Australian corporate loan portfolio. read more

Some of the likely recommendations of a new Senate committee inquiry into Australia’s role as a regional financial centre can be gleaned from the report of an advisory group convened by Liberal Senato.. read more