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The introduction of comprehensive credit reporting in Australia, following changes to the Privacy Act in 2013, has attracted a number of overseas financial data analytics players to the local market,.. read more

The Financial Ombudsman Service has implemented all the key recommendations of its most recent independent review. read more

Prepaid card supplier Emerchants has finalised an agreement with payday lender Cash Converters to supply debit cards for the disbursement of loan funds. read more

Assistant Treasurer Josh Frydenberg has set a hard task for the panel reviewing small amount credit contract laws, asking it to find the balance between enhancing consumer protection and ensuring that.. read more

National Australia Bank has led growth in retail customer acquisition among the big banks by a wide margin over the past four years, according to new research. read more

Australian banks have a funding problem and will need to work on shifting their deposit bases and lengthening their maturity profiles, the Australian Prudential Regulation Authority has warned. read more

The Australian Prudential Regulatory Authority will not be bound by the Financial System Inquiry's recommendation that in setting capital ratios for banks it establish a baseline target in the top qua.. read more

The chief executive of National Australia Bank subsidiary Clydesdale Bank, David Duffy, is in Australia this week to meet investors and spruik a listing if his bank by the end of the year. read more

Mortgage industry participants have welcomed the finalisation of verification of identity rules that will apply in the national electronic conveyancing system. read more

The recommendation by a parliamentary committee that financial institutions be required to offer contactless payment cards on an opt-in basis is not supported by evidence, claims ANZ in a report on it.. read more