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Factoring champion and SME credit disruptor Butn is skipping along, profiting more than anything from a cosy introducer partnership with small business accounting powerhouse MYOB. read more

For the third time this year Victorian mutual bank BankVic has elected to lift home loan rates by less than the move in the Reserve Bank’s cash rate.  read more

APRA plans to remove ‘pillar 3’ disclosure requirements for most banks and ADIs from next year. read more

National Australia Bank has pledged its backing for an indigenous Voice to Parliament, and may be the first bank (and one of very few big businesses) so far to do so. read more

Islamic Bank Australia has secured a restricted authorised deposit-taking institution authority from APRA. read more

Westpac will close another 24 branches shortly, taking the number of branch closures recently to more than 100. read more

Volt Bank clients - fintechs and others – are this morning scrambling to identify and engage with alternative suppliers of a banking-as-a-service offering, and minimise damage to their own businesses. read more

Non-bank mortgage funder Resimac appears to be the buyer of the mortgage book of Volt Bank, which is exiting the industry. read more

The board and management of Volt Bank, in their bombshell decision yesterday to hand back their banking license, have underscored the fragility in so many fintech business models in Australia.    read more

Athena Mortgage may be a relatively new name in non-bank mortgage origination, but it looks to be a highly disciplined operator. read more