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Debt buyer Collection House has sold off more of its business to rival Credit Corp, as its primary objective shifts to paying down debt in a sluggish purchased debt ledger market. read more

Encouraged by strong growth in its core e-conveyancing business, digital property lodgement and settlement operator PEXA Group is making an investment in property data. read more

A shortening of tenors on repurchase agreements “will take effect immediately” the RBA announced yesterday, while the interest rate on repos will soon change to a floating rate. read more

Consumer finance company MoneyMe has got its business in good shape ahead of its merger with SocietyOne, reporting strong growth in originations, receivables and revenue in the December half-year. read more

Qantas has launched an international payments service for its Qantas Business Rewards members, offering “local business accounts” in 11 currencies and competitive foreign exchange rates. read more

Latitude Group Holdings suffered significant falls in receivables and income in 2021, as cautious consumers battened down the hatches during COVID and paid off their personal loans and credit cards. read more

Commercial finance broker COG Financial Services is extending its move into lending, with the acquisition of funds management business Equity-One Mortgage Fund Ltd. read more

Latitude Group is claiming bragging rights as the number one non-bank consumer lender in Australia and New Zealand, following its acquisition of hummgroup’s consumer finance business. read more

The small business lobby is hoping to keep the issue of least cost routing high on the payments agenda as the government works through last year’s Payments System Review, launching a campaign to demon.. read more

Columbus Capital has raised A$1.5 billion of funding with an issue of residential mortgage-backed securities, in a deal that saw margins widen compared with the lender’s previous deal. read more