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January is usually a slow month for consumer spending but the latest Reserve Bank data on credit, debit, ATM and cheque usage indicates that January 2016 was slower than usual. read more

Financial institutions are taking the threat from the emerging fintech sector seriously, with 83 per cent of "traditional" institutions in a new survey conceding that more than 20 per cent of their bu.. read more

Bank of Queensland has been hit with a class action claim over misuse of its money market deposit accounts. read more

The consumer finance market continues to be a tough one for lenders, with new lending down in January and a fall of almost ten per cent in the value of new business over the past year. read more

Households have reassessed their risk tolerance and have shifted their focus to debt reduction and low-risk forms of savings. read more

Visa has upgraded its Visa Checkout service, adding a "digital swipe" facility allowing consumers to complete an online purchase by swiping an image of their payment card across the screen of a smartp.. read more

Liberty Financial has completed the second issue of residential mortgage-backed securities for the year, raising A$300 million of funds. read more

There is a lack of technology experience in the boardrooms of the world's largest banks, including Australia's. read more

Global investment in fintech companies jumped by more than 50 per cent last year and a substantial portion of that investment was made by banks - supposedly the businesses being put at risk by fintech.. read more

Mutual financial services group CUA is capitalising on record new lending in the 2014/15 financial year, with strong growth in earnings in the December half. read more