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QT Mutual Bank is dangling a chance at winning gift cards with a value of A$500 to entice its members to share better contact details and stay informed on the proposed demutualisation and merger with.. read more

Madhvan Nair, a former mortgage broker with Aussie Home Loans (which is now wholly owned by Commonwealth Bank) yesterday admitted to eighteen charges brought by ASIC in connection with "loan applicati.. read more

PayPal have a 13 per cent share of offshore payments by Australian residents, a report by Edgar, Dunn & Company and commissioned by payment processor Adyen found. read more

Leila Fourie will be the new chief executive of the Australian Payments Clearing Association, Rob Craig, chair of the APCA board, said yesterday. read more

Australian banks "need to continue to improve their capital ratios in order to at least maintain, if not improve, their relative positioning" against globally active banks, APRA said in a commentary p.. read more

Smartgroup Corp will deepen its reach into the leasing segment with the acquisition of Autopia, a novated leasing specialist. read more

Marketplace lender DirectMoney is soaking up equity and debt capital to accelerate growth, with at least three banks now providing wholesale funding. read more

One theory prominent in banking circles in the lead up to Australia's inconclusive election was that a returned Liberal National coalition may find itself obliged to yield to calls for a banking royal.. read more

The International Monetary Fund holds "profitability concerns" for Germany's banking sector, Michaela Erbenova, head of financial supervision, told IMF Survey Magazine. read more

Australia's banking sector may duck, for now, a threatened royal commission if betting markets, and, to a lesser extent, opinion polls, are any pointer to the outcome in tomorrow's election. read more