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Tyro, Australia’s foremost payments fintech, will become “the exclusive merchant acquiring partner” for Bendigo and Adelaide Bank, an arrangement that will roll out over early next year. read more

The RBA “does not expect to be increasing the cash rate for at least three years,” the governor Philip Lowe made clear yesterday, fanning the belief that that a cash rate easing (to c10 bps) is near c.. read more

There were 113 data breaches and other cybersecurity incidents affected the banking and finance sector over the year to June 2020. read more

Railways Credit Union trading as MOVE Bank may be signalling interest in demutualisation, or at least being open to offers. read more

Merger costs eroded much of the profit of P&N Bank following the merger with Bananacoast Credit Union. read more

A brazen, stay-in-business deposit pricing decision from Xinja Bank will shock competitors as much as their customers. read more

The level of mortgages deferred “is reducing month on month” at Newcastle Permanent Building Society. read more

There may be “a change in the intensity of supervision that APRA applies for some entities” the prudential regulator said yesterday. read more

A second fintech has been thwarted at its attempt to engineer access to an ADI licence via a takeover of Maleny Credit Union. A merger with another mutual ADI is the likely fall-back for one of Austra.. read more

A hike in the rate of the once controversial Major Bank Levy and/or a broadening of the liabilities covered by the levy may be on the cards in Tuesday night's budget. read more