Marketlend raises equity capital 16 June 2016 3:38PM Marketplace lender Marketlend has completed its first round of external equity funding, raising A$1 million of capital. read more
Bigstone the latest entrant in the SME marketplace lending market 15 June 2016 4:52PM A new lender has entered the increasingly crowded marketplace and fintech lending sector, offering risk-based pricing and fast turnaround times on small business loan applications. read more
Lovney exits Cuscal, emerges as CEO of NPP Australia 15 June 2016 4:51PM Long-serving Cuscal executive Adrian Lovney has been appointed inaugural chief executive of NPP Australia Ltd, which is building the New Payments Platform. read more
Payment data shows a fall in consumer spending in April 15 June 2016 4:49PM Consumer spending was soft in April, with credit and charge purchases, debit card purchases and ATM withdrawals all down. read more
NSW introduces foreign property buyer surcharges 15 June 2016 4:41PM The New South Wales Government will apply a four per cent stamp duty surcharge on residential property purchased by overseas buyers from next week. read more
New business lending falls 14 June 2016 4:15PM After reporting solid growth in February and March, the commercial lending market dipped in April. read more
Amex makes a push into trade finance 10 June 2016 4:46PM American Express has entered the Australian trade finance market, offering small and medium businesses a payment service for local and international suppliers. read more
SACC changes would cost borrowers more, lenders' group claims 10 June 2016 4:43PM A move to limit repayments on small amount credit contracts to ten per cent of income would end up costing borrowers more and exacerbate financial exclusion, a lenders' lobby claims. read more
CFOs asked to take on a wider role 10 June 2016 4:42PM Chief financial officers expect to be asked to take on operational roles beyond finance but many of them are concerned that they do not have the capabilities to take on a wider leadership role. read more
ASIC measures up the sandbox 09 June 2016 3:51PM Following its announcement last month that it would consider creating a "regulatory sandbox" as part of its innovation hub, the Australian Securities and Investments Commission has released a consulta.. read more