Diners Club expands merchant base

Charge card issue Diners Club has reported a fall in revenue and profit for the year to December, but Diners' owner Citibank says the fall in income in the financial report is the result of an inter-c.. read more

Credit card rules to be overhauled

The government plans to tighten responsible lending obligations applying to credit card issuers to ensure they assess suitability based on a consumer's ability to repay the entire credit limit within.. read more

SocietyOne completes latest capital raising

Marketplace lender SocietyOne has added two new financial institutions to its share register in its latest equity raising. G&C Mutual Bank and Maritime, Mining and Power Credit Union participated.. read more

NAB results at a glance

National Australia Bank reported a loss of A$1.7 billion for the six months to March. The result reflected losses on a number of discontinued operations, particularly CYBG Plc (formerly Clydesdale and.. read more