Centrepoint Alliance sells lending business to BOQ Finance 22 December 2016 4:28AM Centrepoint Alliance is selling its insurance premium funding business to BOQ Finance, in a deal worth A$20 million. read more
Cuscal steps up in the merchant acquiring market 21 December 2016 5:34PM Payment services provider Cuscal will expand its presence in the merchant acquiring market, after signing a partnership agreement with electronic payments company Wirecard AG. read more
APRA won't budge on its treatment of superannuation deposits under NSFR 21 December 2016 5:31PM The banks have failed in their push to persuade the Australian Prudential Regulation Authority to treat member-directed superannuation deposits as stable deposits under the net stable funding ratio pr.. read more
Rewards dilution drives change in the credit card market 20 December 2016 5:25PM Credit card issuers are making changes to their offerings, as they prepare for significant changes to interchange rules next year, but customers have indicated that they won't be satisfied with any ol.. read more
Financial institutions asked to improve climate-related disclosures 20 December 2016 5:22PM Financial institutions will be asked to include much more detailed information about climate-related risks in their financial reports, following the release of a set of disclosure standards by the Tas.. read more
RMBS market finishes the year on a positive note, with CBA and Liberty deals 20 December 2016 5:21PM After a slow start to the year, with premiums significantly higher than in 2015, the RMBS market has finished the year in much better shape. read more
Smaller mortgage lenders pick up share 20 December 2016 5:18PM Borrowers looking to refinance their mortgages are choosing alternatives to the big banks, according to one of the country's biggest brokers. read more
Syndicated slumber rests on property 19 December 2016 5:00PM Credit supply fell across 2016, in syndicated lending anyway. What's left is property heavy. read more
Veda ordered to refund consumers after breaching privacy rules 16 December 2016 4:54PM Credit bureau Veda will refund consumers who paid for credit reports after it was found to have breached privacy rules in its marketing of the reports. read more
Playtime in the sandbox 16 December 2016 4:53PM The Australian Securities and Investments Commission has released details of regulatory waivers it will apply to allow fintechs to test their business models before taking up a financial services or c.. read more