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After cutting their deposit rates for most of last year, some banks have started to increase their rates. read more

Marketplace lender InvoiceX, an online debtor finance specialist, has forecast that it will trade more than A$50 million of invoices this year, in its second full year of operation. read more

Payment processor Mint Payments has signed a licensing and distribution agreement with the travel agency software company Tramada Systems that will allow Tramada to offer a payment processing service.. read more

The chairman of the Australian Prudential Regulation Authority, Wayne Byres, has flagged the likelihood that Australian banks still have some way to go in raising their regulatory capital levels. read more

The mortgage market finished 2015 with growth in lending to residential property investors well within the target range of ten per cent set by regulators, but with a number of individual lenders still.. read more

With growth in lending to residential property investors well within the ten per cent limit set by regulators last year, a number of lenders have responded by cutting the rate premium they charge inve.. read more

IMB Bank made a net profit of A$13.9 million for the six months to December - down 4.2 per cent from the previous corresponding period. read more

Recruitment consultant Robert Walters expects to see modest growth in salaries in the banking and financial services industry this year, although there will be bigger increases paid to staff in risk a.. read more

Impaired debt buyer and lender Credit Corp was not able to capitalise on strong revenue growth in the six months to December, with higher marketing costs and consumer loan loss provisions eating into.. read more

Bank earnings per share will fall by as much as 12.5 per cent this financial year, according to a Macquarie Securities report. read more