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What 2021 has in store for the financial services sector
If there was ever a year that was impossible to predict, it was 2020. As virus-related disruptions reverberated around the globe,...
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Rethinking shared accounts
While shared or joint accounts are not a new offering, an increasingly competitive payments industry is opening a new opportunity...
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Lendi buys into Aussie Home Loans
Lendi will take a 55 per cent stake in the Commonwealth Bank’s Aussie Home Loans, as the major bank sees a number of “complementary...
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European payment giant’s Australian play with ANZ
The European payment giant Worldline announced a joint venture with ANZ to develop commercial acquiring services in Australia as it...
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Reinventing BNPL
Buy now, pay later are no longer vanilla products for millennials. As CEO of the newly branded business humm, Rebecca James...
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Collections is dead, long live collections
Banks have had to confront a growing number of hardship cases following COVID-19. Deloitte’s Tony O’Donnell and Mike Jones call for...
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Bank education programs fail to deliver: ASIC
Under their financial literacy program banks paid nearly $2.1 million to schools in the last financial year as latest findings from...
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ME Crowns the Crane
ME Bank acting CEO Adam Crane has been confirmed as CEO after “proving himself” since he took over the reins in July.
“It...
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NAB reveals first home buyer hotspots as demand surges
Lending to first home buyers increased by 21 per cent with growth in this borrower segment consistent across the country. ...
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The outlook for challenger banks
Across the globe, neobanks confronted the unexpected challenge of COVID-19. Despite margin pressures and an anemic growth...
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Overcoming the barriers to low-value, fast international payments
Cross border payments have historically been considered expensive and taken time to fulfill.
In 2015, SWIFT...
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CBA backs a contactless payment rollout in Queensland
Another state government has got the backing of the Commonwealth Bank to provide contactless payments in public transport under a...
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