Paymark seeks quick sale

A longlist of hopefuls is forming for the forthcoming sale of the Paymark eftpos business in New Zealand, with indicative bids due at the end of this month. The vendors aim to pick a buyer by May. read more

Indue considers 'extreme' capital options

Indue, a niche payments and settlement provider with origins among credit unions, has confirmed it is studying options to raise capital outside the sector, with even an initial public offering and Aus.. read more

Home loan arrears rise

A seasonal pick up in missed home loan payments lifted home loans arrears - in loans on prime, mortgage backed securities - to 0.98 per cent at December 2015, Standard & Poor's said. read more

Global banks still short on capital

More than 100 large, internationally active banks still report shortfalls on target capital levels, a report by the Basel Committee on Banking Supervision shows. read more