ColCap prices record RMBS issue 12 February 2021 5:46AM Mortgage lender ColCap has completed the first issue of residential mortgage-backed securities for the year in the local market, pricing A$1.5 billion of notes. read more
Bank of Us loan book grows at 8 times system 11 February 2021 6:04AM The first six months of the 2020/21 financial year have delivered strong results for Tasmania's customer-owned Bank of Us, well above the mutual banking sector's average performance. read more
Amex offers business loans 11 February 2021 6:02AM American Express has joined forces with ODX, a provider of origination services in the business banking market, to launch a range of small business loans in Australia. read more
Suncorp Bank bounces back 10 February 2021 6:11AM A significant shift in the deposit mix of Suncorp’s banking division and a big drop in overseas wholesale funding boosted the bank’s net interest margin in the December 2020 half. read more
Mortgage rates hit a new low 10 February 2021 5:59AM Greater Bank has set a new benchmark in the mortgage market, cutting its one-year fixed rate by 20 basis points to 1.69 per cent. read more
Osko the new payments leader 09 February 2021 6:08AM Payments made using the Osko overlay on the New Payments Platform increased by almost double last year, as the NPP settled in as a cornerstone element of the payments infrastructure. read more
New credit reporting timeline puts industry in a spin 05 February 2021 6:21AM Credit reporting agencies are scrambling to meet a tight deadline for providing consumers with improved access to their credit reports. read more
Comment: Year 3 of the Hayne brocade 05 February 2021 6:10AM It was inevitable that the Morrison government’s acceptance of Kenneth Hayne’s call for stricter adherence to financial services law and a stronger regulatory approach would wane at some point. read more
BNPL ‘a significant potential consumer harm’: UK report 04 February 2021 4:32AM A review of developments in the unsecured credit market for the UK Financial Conduct Authority has called for new credit products, including buy now pay later, “to be brought within the regulatory fra.. read more
Money3 takes over GMF Australia 03 February 2021 5:03AM Finance company Money3 has made its second acquisition in as many months. read more