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Commonwealth Bank's executive general manager, retail products and third party banking, Lyn Cobley, is jumping ship to join Westpac, where she will replace Rob Whitfield as group executive, Westpac In.. read more

OzForex chief executive Neil Helm believes there is scope for foreign exchange companies, or money service businesses as he prefers to call them, to play a much bigger role in the global payments mark.. read more

Investment lending and other types of home lending activity that have been worrying regulators over the past year moderated in the March quarter but there may be some way to go before the Australian P.. read more

The latest specialist online lender to launch in the Australian market, Spotcap, has the backing of a group German and US investors that have invested €13 million in the start-up. read more

Westpac has lined up with the other big banks, withdrawing mortgage interest rate discounts for property investors. read more

Bank of Queensland has changed the way it assesses home loan applications after the Australian Securities and Investments Commission raised concerns about its practices. read more

The Australian Payments Council has issued a consultation paper calling for responses from the community to help it formulate its Australian Payments Plan, due out later this year. read more

For Citigroup's charge card business Diners Club, 2014 was another year of falling receivables, income and profit in Australia. Citi's big investment in relaunching the business in 2012 has not worked.. read more

The Australian Government will restrict the type of consumer leases that consumers can pay for using Centrepay payments, but will increase the number of low-cost finance options Centrepay supports. read more

Peer-to-peer lenders have the potential to grab around eight per cent of the unsecured consumer finance market and an even bigger slice of the unsecured small business lending market by 2020, accordin.. read more