Payments hopeful eyes listing 05 March 2019 5:23PM Investment company First Growth Funds has taken a stake in payments business SQID Technologies, in advance of SQID's ASX listing. read more
ACM quits collections market 05 March 2019 5:21PM Debt buyer and collection agency ACM Group is getting out of the collections business, agreeing to sell its entire purchase debt ledger and other assets to Collection House. read more
TD rates maintain falling trend 04 March 2019 5:07PM February was the fifth consecutive month when more term deposit rates were cut than increased, according to the latest Mozo Banking Roundup. Depositors can still get 3 per cent but they will have to p.. read more
NAB adds mortgages to CCR 04 March 2019 5:01PM NAB is the first of the big banks to provide comprehensive data on mortgage contracts to credit reporting agencies, bringing the proportion of consumer credit accounts in the CCR system up to around 5.. read more
Going direct pays off for Firstmac 01 March 2019 6:02PM Mortgage specialist Firstmac has delivered a result that may be a pointer to the future of mortgage lending. It has achieved very strong growth in its loan portfolio, with more than half of that growt.. read more
No let-up in mortgage market slump 01 March 2019 6:00PM The mortgage market has fallen to a new low, with news yesterday that lenders' aggregate balances are growing at their slowest rate for more than 30 years. read more
Carnell rebukes Bligh over Banking Code 28 February 2019 5:09PM The ABA has "not yet reached a view" on changing the definition of small business.The Hayne royal commission recommended that the definition of small business in the industry code of practice be amend.. read more
Collection House looks to NZ 28 February 2019 5:07PM Collection House outlaid $36.6 million on debt ledger acquisitions during the December half, compared with $35.9 million in the previous corresponding period.The face value of its purchased debt ledge.. read more
PE firm backs FlexiGroup transformation 27 February 2019 5:07PM Finance company FlexiGroup is hoping to capitalise on growth in the "buy now pay later" segment of the consumer finance market by consolidating its Certegy EziPay and OxiPay operations into a single n.. read more
Payments hopeful hires ex-PayPal boss 26 February 2019 5:20PM Payments company Splitit has hired Andrew Pipolo, the former managing director of PayPal Australia, to head its business in Australia and Asia Pacific. read more