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The Financial Ombudsman Service is toughening its approach to dealing with credit repair companies and other agents who represent consumers in disputes with credit providers. read more

Commercial lending dipped in May but the longer-term trend shows the recovery in business lending is still progressing. read more

New Zealand's Financial Markets Authority has licensed the country's first peer-to-peer lender, Harmoney. read more

Consumers are spending more on their credit and charge cards but keeping their card debt in check. read more

The pace of growth in the home loan market may be slackening. Volatile monthly data from the Australian Bureau of Statistics since the start of the year has disguised the fact that the rise in the val.. read more

The Australian Bureau of Statistics has started an investigation into the robustness of its estimates of how many loans are made to first-home buyers. read more

CUA will launch an updated smartphone contactless payment application today, using Cuscal's redi2PAY technology. read more

ING Direct has changed the terms of the ATM fee rebate offer for customers using its transaction account, Orange Everyday, in a bid to encourage greater use of the account. read more

AWI Ventures, a venture capital company specialising in financial services technology, has announced four new investments, including an online household budgeting service, a crowd funding business and.. read more

Discharges of reverse mortgages jumped 44 per cent in 2013 - up from A$350 million in 2012 to $504 million. The high discharge rate meant that there was no growth in outstanding reverse mortgage balan.. read more