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Borrowers and lenders continue to collaborate on fiddles to the classification of housing loans to assist selected customers enjoy lower interest rates. read more

ASIC has revoked conditions imposed on the Australian financial services (AFS) licence of Macquarie Bank following the "conclusion of works" undertaken by KPMG as external expert. read more

One resale in five for residential units was made at a loss in regional centres over the March 2016 quarter, providing a guide to the probable scope of negative equity as a problem for Australian lend.. read more

National Australia Bank has put the mortgage book of its UBank brand at "nearly A$4 billion", equal to less than two per cent of NAB's overall level of home lending in Australia. read more

Financial services exports may be one bright spot for the sector, with the value of these services 28 per cent higher over the year to June 2015 compared with a year earlier. read more

Commonwealth Bank inconvenienced thousands of customers reliant on its Travel Money MasterCard on Friday evening by suspending the option of loading new funds in pounds sterling amid a drastic realign.. read more

The fourth quarter of 2017 is now the slated time for Australia's New Payments Platform to lurch into action. read more

Bankcard holds the record, at 32 years, for the lifetime of a collaborative banks' payments scheme in Australia. Another scheme, a step removed from consumer credit, is rolling down the line in the fo.. read more

A dicey night and nervous Friday await global markets, with the UK Brexit vote an event richly anticipated for its capacity to leave slabs of the market on the wrong side of a compelling trade. read more

The United States faces the risk of a significant rise in consumer credit delinquencies, UBS warns in a credit strategy report issued this week. read more