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While most companies in the financial services sector are coming through COVID in better shape than they could have anticipated, consumer and business finance company Thorn Group has felt the full for.. read more

The Payments System Board’s preliminary conclusions from its review of retail payments regulation are heavily focused on measures the Reserve Bank may take to maintain and enhance dual-network debt ca.. read more

Financial institutions are starting to realise the full significance of the change to financial product regulation that will come under ASIC’s new power, the design and distribution obligation, say la.. read more

Smartpay’s decision to shift the focus of its business from New Zealand to Australia has started to pay off for the payment terminal operator, with strong growth in its local terminal fleet and solid.. read more

More than 3600 merchants using Tyro’s point of sale terminals – about 10 per cent of the company’s total merchant base – have registered with the company for remediation following the company’s week-l.. read more

Buy now pay later provider Laybuy Group has released its first financial results since listing on the ASX last September, reporting healthy growth in merchant and customer numbers in the year to March.. read more

NAB and the Finance Sector Union are at loggerheads over the scope of the bank’s payroll review, which is remediating widespread underpayment, and the issue looks like being determined in court. read more

The ePayments Code may be extended to small business and will be brought up to date to include coverage of NPP payments. read more

Users of ‘buy now pay later’ services expect to ramp up their use of BNPL accounts, but exhibit very little brand loyalty. read more

Mortgage lender Tic:Toc has raised the variable rate on one of its loans, making it the second lender to increase variable rates in the past month. read more