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The Reserve Bank's decision to focus narrowly on modifications to the interchange and surcharging rules in last week's review of card payment regulation was at odds with calls from the Financial Syste.. read more

Payment processor Smartpay has made progress on the re-establishment of its business in Australia after it lost a wholesale taxi payment terminal contract at the end of 2014. However, its efforts are.. read more

The Climate Institute has accused banks of ignoring the risks of climate change in their lending practices. read more

Marketplace lender RateSetter has moved into the business lending market, offering secured and unsecured loans of up to $150,000 for terms of six months to five years. read more

Six financial institutions, including the four big banks, are among the participants in a new financial inclusion project being organised by Good Shepherd Microfinance. read more

The Reserve Bank has narrowed the range of costs that can be included in the "cost of acceptance" when merchants are applying card payment surcharges, in sweeping changes to its surcharge standard ann.. read more

The Reserve Bank has overhauled its card payment interchange rules, tightening up on the fee benchmarks with the introduction of caps, increasing the frequency of benchmark reviews and extending cover.. read more

Thorn Group suffered a heavy fall in profit in the year to March, after a series of write-offs, provisions and costs associated with the closure of a business unit ate into underlying earnings. And th.. read more

Business failures are on the rise, while new business formation is weaker, according to new research. read more

Teachers Mutual Bank has failed to get its investor mortgage sales under the ten per cent annual growth limit set by the Australian Prudential Regulation Authority and has had to take the drastic step.. read more