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Cumbersome regulation is making it difficult to launch crowd funding companies, peer-to-peer lenders and other innovative finance businesses in Australia, according to a senior lawyer specialising in.. read more

PayPal has launched a new 'pay anyone' facility that has been designed to make it easy for consumers and businesses to request payments. read more

Commonwealth Bank has launched a business banking alert service, offering to send customers alerts updating them about their account balances and incoming payments. read more

The Government has dropped plans to introduce a deposit levy to fund the Financial Claims Scheme, in line with a recommendation of the Financial System Inquiry. read more

Mortgage lenders have spent the past couple of months adjusting rates and conditions on their investor loans but now they are turning their attention to the owner-occupiers segment, where they hope to.. read more

The consumer credit market is flat and credit card balances are in decline but card issuers seem keener than ever to win new business. read more

Yellow Brick Road's acquisitions of Resi Mortgage Corp and Vow Financial last year have helped the company produce positive "underlying EBITDA" for the first time, but the acquisitions also contribute.. read more

Lender Money3 is bullish about its prospects, despite having received notice last month from Westpac that it would end a banking relationship that includes a A$20 million securitised funding facility. read more

The rate of growth in the investor segment of the mortgage market eased in July to its lowest monthly increase in almost two years. read more

Consumer lender DirectMoney has appointed Peter Beaumont as its chief executive on the same day that it released its first financial report since its reverse takeover of ASX-listed Basper Ltd. read more