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Payment processor Smartpay is working on a plan to become an acquirer in the Australian payment market, which would allow it to handle merchant point of sale payments without the involvement of a merc.. read more

The Government has given its support to the Competition Policy Review recommendation that the price signalling provisions of the Competition and Consumer Act should be repealed. read more

The proportion of investor loans, interest-only loans and high loan-to-valuation ratio loans in new mortgage lending fell in the September quarter, indicating that the regulatory push to slow the grow.. read more

Half of all fraudulent credit applications are now occurring online, while fraud incidents in branches have fallen substantially, according to Veda's latest Cybercrime and Fraud Report. read more

The distributed ledger technology underlying digital currency systems has the potential to make traditional payment and market systems more efficient, the Bank for International Settlements says in a.. read more

Banks that want to increase their rate of cross-sell need to develop main bank relationships with more of their customers, according to new research. read more

Veda Group has entered into a binding agreement with US credit reporting and data analytics company Equifax Inc for Equifax to acquire Veda by way of a scheme of arrangement. read more

FlexiGroup has appointed Symon Brewis-Weston as its new chief executive, replacing Tarek Robbiati who made a sudden exit in August. read more

Marketplace lenders have had mixed results in a Canstar rating of personal loans, with one lender receiving a five star rating and two others not faring so well. read more

Households with two incomes are spending an average of 29.3 per cent of their income on mortgage payments - up from 28.2 per cent a year ago. read more