PayTo, a secondary Account to Account payments system allied to the New Payments Platform “has yet to demonstrate its maturity as a direct debit replacement” the Reserve Bank of Australia said in a ...
Maslow, an almost washed out fintech, is pursuing its second capital raise, seeking $1 million. A passion project for its founders rather than (yet) a fully-fledged business model, Kane Jackson and ...
Twenty-three per cent of Australian SMEs are willing to write off 6% or more of their annual turnover to avoid difficult conversations about late payments, the Pursuing Payments report from fintech ...
The growth ambitions of Bank Australia may be accelerating, with the mutual bank “in transition to being designated as a Significant Financial Institution” by APRA.
Financial and Insurance Services has by far the widest pay gap in favour of men, the annual Employer Gender Pay Gaps Report for 2024/25 from the Workplace Gender Equality Agency shows.
The Payments System Board yesterday expressed “concern about insufficient consensus within industry, particularly on how best to process bulk payments in the future.
Struggling US card issuing and payments processing platform provider Marqeta Inc has abruptly pulled the plug on its Australian business as it scrambles to tame operating losses across its global ...
The Australian Financial Complaints Authority received a record number of complaints in 2025, with 111,373 complaints coming through the door.
Humm Group have until this Thursday to strike a non-disclosure agreement with Credit Corp in relation to the latter’s conditional, non-binding indicative proposal to acquire 100% of the shares in Humm ...
Humm Group have until this Thursday to strike a non-disclosure agreement with Credit Corp in relation to the latter’s conditional, non-binding indicative proposal to acquire 100% of the shares in Hum.
Bank of Queensland’s mortgage book and overall credit exposures remain in decline, the bank’s latest pillar 3 reporting shows. read more ...
HSBC is seeking a buyer for its Australian retail banking arm, The Australian reports. HSBC had A$37 billion in assets and A$38 billion in deposits at May 2025, APRA data shows. Its mortgage book was ...