Financial exclusions on the rise 30 May 2012 4:45PM The number of Australians with no access to financial services increased in 2011, according to a new study. read more
RBA to guide payments infrastructure development 29 May 2012 5:13PM The Reserve Bank plans to take a bigger role in directing co-operative infrastructure developments in the payments system and the first item on its agenda is real-time payments' processing. read more
Banks urged to explore identity management 29 May 2012 5:05PM Banks have a big opportunity in the field of identity management, according to Lazaro Campos, the chief executive of international payments standards body SWIFT. read more
Homeloans moves to sign up Refund brokers 28 May 2012 4:56PM Mortgage lender Homeloans Ltd has sent out documents to 140 Refund Home Loans franchisees, offering them independent broker agreements. read more
Hybrid listings perform poorly 28 May 2012 4:52PM The performance of recent hybrid issues since they listed on the Australian Securities Exchange has been poor, with the prices of some securities falling below their issue prices. read more
BOQ upsizes ABS 25 May 2012 4:59PM Bank of Queensland completed an issue of asset-backed securities yesterday, increasing the size of the issue from A$500 million to $700 million. read more
Lloyds wins its first local securitisation mandate 25 May 2012 4:58PM Lloyds Bank made its first foray into the Australian securitisation market this week, when it acted as joint lead manager, with ANZ and Macquarie, on Bank of Queensland's latest REDS Trust issue. read more
Investec clears the decks 24 May 2012 5:03PM Investec Bank Australia suffered a A$71.6 million loss in the year to March 2012, after clearing out the bulk of its property development book. read more
COSL review calls for better balance and a more systematic approach 23 May 2012 4:59PM The Credit Ombudsman Service needs a better balance between consumer and member interests, and a more systematic approach to handling complaints. These are among the findings of an independent revie.. read more
Thorn Group beats the retail downturn 23 May 2012 4:56PM Consumer goods rental company Thorn Group has maintained growth, despite the overall weakness in the retail market. read more