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A newcomer in the payments processing market, DataMesh Group, has had its first big contract win, signing a deal to provide payment services to retail and property group Peregrine. read more

Consumer lender Plenti (formerly RateSetter Australia) launches its initial public offering today, aiming to raise A$55 million. read more

A dog’s breakfast of 16 advice and wealth subsidiary businesses of NAB and MLC will be rehoused by IOOF, ending 20 years of MLC strife for the banking giant. The bank will receive $1.24 billion in cas.. read more

Mortgage aggregation is what now drives the BNK Banking Corp business. The ADI, BNK Bank, made a loss of $1.7 million in FY2020. Mark that as the first banking loss of the year. It’s unlikely to be th.. read more

The financial report of debt buyer Collection House, issued yesterday, reveals that it has not yet come up with a recapitalisation solution. read more

Measured in terms of the proportion of e-commerce payments made using a buy now pay later service, Australia leads the way at 8 per cent, according to new research. In the case of loss-making Sezzle,.. read more

Suncorp. Coles. IAG. ANZ. All in for the long term and at wild, wide spreads. read more

Term deposit and cash management marketplace Cashwerkz is betting that diversification into bonds and other products will get it out of a chronic cash flow crunch. read more

AFG will launch a new customer portal later this year and a new broker portal in the first half next year. Underlying profit was up 27 per cent to $36 million and revenue up 6 per cent to $682.million.. read more

ANZ and Commonwealth Bank both announced the launch of upgraded small business lending services yesterday, addressing concerns that lenders are not doing enough to support SMEs needing finance. read more