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Will the REA Group purchase of Mortgage Choice pay off?
REA Group is seeking to monetise its very large consumer base of people looking for property, but will the $244 million planned...
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Evolving saver needs spur lender re-think
The magnitude of disruption COVID-19 caused, is likely to be acting as a wake-up call to Australians leading to a greater affinity...
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The risks in BaaS models
As banks around the world embrace the banking-as-a-service platform, a global ratings firm sees some risks in the model.
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NAB adds 130 SME bankers
National Australia Bank has 130 SME bankers across regional Australia as part of a strategy to help its 500,000 SME customers....
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Heritage Bank’s niche play for growth
Heritage Bank will focus on two key target markets as part of its strategy to become more aggressive in targeting loan growth....
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Europe-based Wagesteam makes fintech purchase as it plans local expansion
European financial wellbeing platform Wagestream has plans to expand into Australia following the purchase of Sydney fintech start-...
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What ASIC is buying in regtech
The corporate regulatory has bought a new cloud-hosted market surveillance system as it plans to invest more in regtech. ...
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Westpac mulls sale of New Zealand business
Tougher capital rules from its Kiwi peers and amid a review into its governance practices, Westpac will review its 160 year-old New...
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Airwallex raises another $131 million, triples valuation
Airwallex has raised another $131 million capital raising, lifting its series D funding round to $394 million.
The...
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Six trends driving banking as a service models
There are six trends that McKinsey consultants have identified as banks and wider industry move to adopting an embedded-finance and...
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Cashflow challenges top SME concerns
Businesses are wanting to invest but are concerned about their cashflow, which is impacting their decisions to expand, according to...
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AFG adds reverse mortgages to the line-up
One of Australia’s largest mortgage aggregators has added a reverse mortgage business to its platform, providing brokers with a...
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