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‘Disappointing outcome’: ANZ chair explains lagging home loans
20 December 2021
‘Disappointing outcome’: ANZ chair explains lagging home loans

ANZ chair Paul O’Sullivan has pledged to fix the system issues that led to the bank’s stretched turnarounds, as its home loan book continues to dive.

55% of Aussies leaned towards BNPL during holiday season
30 December 2021
55% of Aussies leaned towards BNPL during holiday season

Research has found that more than half of Australians intended to use buy now, pay later schemes during the Christmas period.

6 in 10 lenders want new data sources: Experian
29 October 2021
6 in 10 lenders want new data sources: Experian

A new survey, including 54 Australian lender leaders, has found that 60 per cent wish to leverage new data to determine credit risk.

ACCC chases lenders behind on open banking schedule
16 December 2021
ACCC chases lenders behind on open banking schedule

The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.

Adatree becomes 1st open banking principal
24 January 2022
Adatree becomes 1st open banking principal

Data intermediary and fintech Adatree has become the first principal under the new Consumer Data Right (CDR) access model – allowing it to help other companies access open banking data.

Afterpay launches new money app
10 November 2021
Afterpay launches new money app

Buy now, pay later service provider Afterpay Australia has launched a new money and lifestyle app to its 3.6 million users using Westpac’s banking-as-a-service offering.

Afterpay sale clears regulatory approvals
13 January 2022
Afterpay sale clears regulatory approvals

The $39 billion sale of the buy now, pay later giant has received approval from the Bank of Spain, clearing the way for it to take effect from February.

AMP Bank to roll out direct-to-consumer digital mortgage
11 February 2022
AMP Bank to roll out direct-to-consumer digital mortgage

The non-major bank will have a direct-to-consumer digital mortgage in market in 2022, the chief executive has revealed, as it explores “new business opportunities”.

AMP overhauls mortgage application system
30 April 2024

The bank has transformed its home loan application system in the hopes of providing greater visibility and enabling faster approvals.

ANZ enhances broker support through technology and education initiatives
14 October 2024

In a recent episode of Broker Daily Spotlight, ANZ's efforts to bolster support for brokers were outlined by Ivan Mioc, a seasoned professional with over 20 years of experience in the ...

Aussie fintechs chasing international growth
20 October 2021
Aussie fintechs chasing international growth

Lenders are the second-most common type of fintech in Australia, taking up a quarter of the sector that is mostly now geared towards expanding offshore.

AUSTRAC warns financial companies on disaster payment fraud
13 December 2021
AUSTRAC warns financial companies on disaster payment fraud

Two government bodies have told financial services providers to be aware of the misuse of emergency and disaster payments.

Australian financial market falls short in cyber security
7 December 2021
Australian financial market falls short in cyber security

ASIC has called for firms to persevere as data suggests cyber resilience improved roughly one-tenth of the intended target in two years.

Bendigo Bank appoints new chief technology officer
5 February 2025

The new appointment is set to support the next phase of the bank’s growth and transformation.

Bendigo’s Up joins open banking platform
23 June 2021
Bendigo’s Up joins open banking platform

Fintech Frollo has added neobank Up to its open banking platform, with more consumer data holders expected to follow in the coming weeks.