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Just six months after receiving approval to offer Consumer Data Right services, specialist payments ADI Cuscal has moved to fast-track its involvement in the open banking and open data markets with th.. read more

Weeks after announcing that it will get out of the market for small amount credit contracts, Cash Converters has made a push for growth in a new direction, with an investment in its United Kingdom sto.. read more

A bill giving the Australian Accounting Standards Board power to set climate-related and other sustainability standards for financial reporting was passed in the House of Representatives and introduce.. read more

Accounting and business management software company Xero will 'exit' its lending business Waddle as part of a 'streamlining' program. read more

The Australian Financial Complaints Authority has given some indication of the amount of claims facing the proposed Compensation Scheme of Last Resort, with the release of an update on paused complain.. read more

A bill to establish the Financial Services Compensation Scheme of Last Resort was introduced into the House of Representatives yesterday – the third time a government has attempted to legislate this p.. read more

A bill to add action initiation to the Consumer Data Right has moved from the House of Representatives, where it was passed last month, to the Senate.  read more

One of Australia’s most acquisitive financial services companies, COG Financial Services, kept up the pace in the M&A market over the past six months, undeterred by the slackening in loan markets.. read more

Douugh is the latest Australian fintech to give up on ambitious international expansion plans, announcing that it has “initiated the wind-down of its US business”. read more

Household deposit flows slowed to a trickle in January, setting the stage for a battle for funding if the trend continues. read more