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The Australian Securities and Investments Commission has appointed KordaMentha Forensic to examine two of Commonwealth Bank's finance planning businesses' compliance with their licence conditions. read more

Liberty Financial completed its second issue of non-conforming residential mortgage-backed securities for the year on Friday, raising more funds at a tighter margin with the second effort. read more

The debtor finance market maintained its flat trajectory in the September quarter, with invoice discounting and factoring turnover up a little on the previous quarter but down on the previous correspo.. read more

Incoming Westpac chief executive Brian Hartzer has made it his goal to turn the bank into one of the "world's great service businesses". Speaking at a media conference called to announce that he would.. read more

Telecommunications company Optus has joined forces with Visa and Heritage Bank to offer its customers a contactless payment application. read more

Cuscal shareholders have voted in favour of the company's proposed acquisition of Strategic Payment Services, setting the company up to be a significant player in the payments market that will emerge.. read more

Conditions in the consumer finance market deteriorated in the September quarter, with falls in loan balances and new personal finance commitments, and there is no turnaround in sight. read more

Payments services provider Braintree has grown faster over the year since it was acquired by eBay, according to Braintree's general manager of mobile, Aunkur Arya. read more

Despite the strong recovery in the Australian securitisation market over the past couple of years, the sector will not achieve long-term sustainability until domestic real money investors get more inv.. read more

English peer-to-peer lender RateSetter has entered the Australian market, offering lenders access to the market with investments of as little as A$10. read more