OzForex signs agreement with MoneyGram 12 June 2013 4:15PM Two months after signing a white label deal with Travelex, foreign exchange provider OzForex has signed an agreement with global money transfer company MoneyGram. read more
Firstmac completes dual currency RMBS 11 June 2013 4:35PM Mortgage lender Firstmac has completed an issue of mortgage-backed securities in Australian dollars and pounds - its first dual currency issue since 2007. read more
Payment fraud losses fall 07 June 2013 4:47PM Fraud that occurs when a payment card is not present during a transaction has been the biggest and fastest growing source of payment fraud in Australia for some years. However, last year the tide tu.. read more
Payday lenders weigh up the impact of tighter rules 07 June 2013 4:37PM Two short-term lenders have released statements to the ASX commenting on the impact of new small-amount loan provisions in an amendment to consumer credit law. For one of these, Cash Converters, ther.. read more
Banking app addiction taking hold 07 June 2013 4:35PM Bankwest has identified a small group of Gen Ys who use the internet for banking several times a day. It has also found that evening is the most popular time for online banking. read more
bankmecu merges with Fitzroy and Carlton Credit Co-op 06 June 2013 4:51PM bankmecu will maintain Fitzroy and Carlton Community Credit Co-operative's focus on providing finance to low-income earners and the financially excluded when the two organisations merge next week. read more
CCMC calls for higher standards in dealing with guarantors 06 June 2013 4:47PM Banks are meeting their obligation to help prospective loan guarantors make informed decisions, but they could be doing more to achieve the level of "good industry practice", an independent review h.. read more
Business is booming for AFG 05 June 2013 4:06PM Mortgage aggregator AFG reported very strong borrowing activity in May 2013, the second month in a row when its brokers have written a record number of loans. read more
Deposit flow is drying up 04 June 2013 4:33PM Growth in household deposits is slowing, as savers move their money out of at-call and term deposits in search of higher rates. Some deposit-taking institutions are experiencing substantial outflows.. read more
LVR tiering an increasingly popular mortgage pricing strategy 04 June 2013 4:31PM Lender State Custodians changed its mortgage pricing six months ago to reflect the varying risks that different classes of borrowers represent. In a move that has become increasingly common in the m.. read more