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The debtor finance market marked time again during the 2013/14 financial year, with invoice discounting and factoring turnover up just 0.6 per cent over the 12 months. read more

ING Direct has completed the sale of a A$1.5 billion book of mortgages, which it put on the market in July. The buyer was Macquarie Bank. read more

When the finance industry gathered at Fundtech's banking innovation conference in Sydney yesterday one hot topic was the likely winner of the contract to build the New Payments Platform. According to.. read more

The steady decline in the use of ATMs over the past few years is taking its toll on independent ATM operators. read more

More than US$30 billion of transactions were completed in the Australian corporate finance market in the June quarter, which was more than twice the value of transactions in the first quarter accordin.. read more

The Australian Securities and Investments Commission has won its case against payday lender Cash Store. The Federal Court has found that Cash Store (which is now in liquidation) and associated company.. read more

Lenders have given mixed responses to the Financial System Inquiry's suggestion that the comprehensive credit reporting regime could be expanded. read more

Payment card company eftpos has launched an online payments trial with retailer Coles. The trial will make online eftpos payments available to 350 consumers via the Coles website. read more

Aussie Home Loans has stopped offering credit cards. A notice appeared on the company's website on August 14 saying it no longer offered the Aussie Classic Low Rate MasterCard and Aussie Platinum Low.. read more

A worrying trend for small lenders during the first half of the financial year, which saw solid growth in new mortgage approvals but negligible growth or even falls in the value of mortgage books, app.. read more