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The nation's consumer credit score improved over the past year, with fewer people at risk of default. read more

Consumer finance company FlexiGroup will triple the size of its credit card business and increase its overall receivables by more than 40 per cent, with the acquisition of New Zealand's Fisher & P.. read more

National Australia Bank has made changes to its debt collection practices following concerns by the regulator that its collection letters may have been misleading, deceptive or unconscionable. read more

Mobile marketing and payments company Mobile Embrace has formed a partnership with Malaysian telecommunications company Telenor and will provide mobile payment services to the telco's customers. read more

MasterCard has started a trial of an online identity check that uses biometrics as an alternative to cumbersome password-based systems. read more

Mortgage re-pricing will add between four and five basis points to the big banks' net interest margins and as much as 3.2 per cent to their net profits, according to Deutsche Bank analysis. read more

Poor debt collection practices, non-compliance with responsible lending obligations and failure to deal appropriately with customers making financial hardship applications topped the list of systemic.. read more

National Australia Bank has been the big improver in DBM Consultants' business banking satisfaction survey in recent months, while its big bank rivals have held their ground or slipped back a little. read more

Almost a quarter of all complaints to the Credit & Investments Ombudsman during the 2014/15 financial year related to credit reporting. Complaints about credit reports now rank alongside complaint.. read more

The reverse mortgage market will return to growth over the next five years, according to new research. read more