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A Chinese company claiming to be the world's third largest maker of point-of-sale payment terminals has launched its business in Australia, promising to shake up the market with its Android-based term.. read more

Suncorp chief executive Steve Johnston continues to reshape his executive team, with the appointment of a head of banking and wealth, and a new chief financial officer. read more

Commonwealth Bank and NAB are the two major banks among 27 lenders chosen by the National Housing Finance and Investment Corp to offer guaranteed loans under the new First Home Loan Deposit Scheme. read more

Australian banks issuing bonds in offshore markets have lengthened the average maturity of their securities in recent years, but not by enough. read more

A manager of listed fixed income securities linked to corporate debt issues (including bonds issued by a number of financial institutions) has been caught up in ASIC court action against fund manager.. read more

Bank of Queensland has completed a successful pilot program for the revamp of its Virgin Money Australia subsidiary and will start a full build and implementation next year. The bank has a lot riding.. read more

UBank has signed up a local fintech, Basiq, to help it smarten up its transaction banking app and take customers into the "AI-powered" Open Banking world. read more

ASIC has placed greater emphasis on credit providers and brokers obtaining reliable and up-to-date information about consumers' financial situations in meeting their responsible lending obligations. read more

The sale of ANZ's OnePath Pensions and Investments business to IOOF gets the nod from APRA. read more

Private equity firm The Carlyle Group is poised to take over debt buyer Pioneer Credit, which has been struggling to resolve debt covenant breaches for several months. read more