Capital drying up for fintechs

Australian fintechs are finding it harder to get access to capital, with the economic slowdown and global uncertainties discouraging investors from backing start-ups. read more

Broker slams BOQ and its CEO hire

Evans & Partners has slammed Bank of Queensland in a review of its 2018/19 financial report, released last week, and questioned whether recently appointed chief executive George Frazis is the righ.. read more

Signs of life at volt

Neobank volt is edging closer to the launch of its first product, with news that it has joined the Cashwerkz online deposit marketplace and signed up a marketing company. read more

Amendments to streamline AML/CTF procedures

Financial institutions and other anti-money laundering reporting entities will have access to third party providers of customer due diligence services, under amendments to the anti-money laundering an.. read more

BOQ result 'disappointing': Frazis

Just six weeks into his job as chief executive at Bank of Queensland, George Frazis yesterday delivered a 2018/19 financial report he described as "disappointing". read more

ANZ takes less for OnePath

ANZ has dropped the sale price of its OnePath Pensions and Investments business and aligned dealer group, which is being sold to IOOF Holdings. read more

Post-Hayne, so much more to do

Financial institutions must resolve more customer disputes themselves so that fewer people knock on AFCA's door, its chief David Locke pleaded at the Moneycare Financial Counselling Briefing in Sydney.. read more

IMF Bentham goes global

Litigation funder IMF Bentham is moving into the European and Asian markets, with the acquisition of Omni Bridgeway Holdings. read more