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Payments company Novatti has launched a Visa issuing business, working in partnership with European payments processor Decta. read more

The Australian Financial Complaints Authority has responded to the COVID-19 crisis by making its complaints handling system more flexible. read more

The Federal Court has rejected a narrow interpretation of ASIC's new product intervention power, saying that detriment caused by a product can be "indirect". read more

Consumer finance company Wisr has designated a number of "high-risk industry sectors and employment types" and is limiting its exposure to those areas, as part of a tighter credit policy. read more

Comparison site iSelect's planned sale of its Asian investment, iMoney, has run into trouble as COVID-19 makes buyers wary. read more

Two more non-bank lenders, Moula and Liberty, have been granted an allocation under the government's Coronavirus SME Loan Guarantee Scheme. read more

Pioneer Credit's one-time white knight, private equity firm The Carlyle Group, has accused the struggling debt buyer of a series of defaults under a facility agreement and is threatening to demand rep.. read more

Westpac may need to top up its capital after announcing a big increase in provisions for the March half that will put its capital ratio right on the "unquestionably strong" benchmark. read more

Afterpay sent out some mixed signals when it hosted a teleconference yesterday to update the market on its March quarter performance. read more

Earlier this year the neobanks, including 86 400, Xinja, Up and Judo, were the rate leaders in the at-call and term deposit markets but now the leaders in the at-call segment are Macquarie Bank, AMP,.. read more