Cash Store goes from bad to worse 12 September 2013 4:43PM Loss-making payday lender Cash Store says it is struggling to meet its financial commitments and it has also got into trouble with the consumer credit regulator over its lending practices. read more
eftpos contactless card close to market 11 September 2013 4:48PM An eftpos contactless card will hit the market some time during next year and is currently undergoing internal trials with a number of the payment company's members. eftpos managing director Bruce M.. read more
Mint forecasts strong growth in mobile POS transactions 11 September 2013 4:45PM Competition in the market for mobile point-of-sale terminals is heating up, with Mint Wireless entering a sector that is already served by PayPal, Paymate and Commonwealth Bank. read more
Funding diversification boosts CUA's bottom line 11 September 2013 4:43PM Credit Union Australia has diversified its funding over the past year to reduce its reliance on high-cost retail deposits. In June it raised A$675 million through an issue of residential mortgage-ba.. read more
Product development in overdrive on the Yellow Brick Road 11 September 2013 4:37PM Yellow Brick Road has set itself the goal of being monthly cashflow positive by the end of the 2013/14 financial year, and to help it close the gap between revenue and expenses it has launched a sui.. read more
Pepper stays in the hunt for RHG 10 September 2013 4:29PM The Pepper Australia syndicate has revised its bid for mortgage manager RHG and is now offering cash and shares worth an estimated 50.8 cents a share. read more
Housing finance market gathers momentum 10 September 2013 4:28PM Growth in new owner-occupier housing finance has consolidated at an annual rate of more than 10 per cent over the past three months, and was more than 15 per cent in July. read more
Cash Converters issues unsecured notes 10 September 2013 4:25PM Payday lender Cash Converters has launched a senior unsecured note offer, seeking A$50 million to $60 million of funding. read more
Debtor finance market flat 10 September 2013 4:23PM The debtor finance sector marked time over the last year, with turnover in the year to June being only a little ahead of that of the previous year. read more
Puma bond flies for Macquarie 09 September 2013 4:27PM Macquarie Bank returned to the securitisation market last week, after a break of more than two years, when it sold A$1.25 billion of mortgage-backed securities. read more