Briefs: Productivity Commission says comprehensive credit reporting should not be compulsory, Austra 03 November 2016 4:37PM A Productivity Commission draft report on data sharing, released overnight, recommends that Australia should maintain its voluntary approach to the introduction of comprehensive credit reporting. read more
Foreign news: loan referral schemes kicks off in the UK, KPMG dragged into Wells Fargo scandal 03 November 2016 4:36PM Banks in the United Kingdom are now required to refer small businesses to an alternative lender if the decline them for a loan. read more
Briefs: More management changes at Yellow Brick Road, SocietyOne targeted by UBS, FIIG arranges unra 02 November 2016 5:06PM Yellow Brick Road has appointed a new general manager lending for the YBR branded branch network, FOS struggles with unpaid determinations, and RSEA moves forward with its refinance plan. read more
Foreign news: Ant Financial takes a stake in Ascend, Wells Fargo settle overcharging claim, Japanese 02 November 2016 5:04PM The company behind Alipay has bought a 20 per cent share of Thailand's Ascend Money, Wells Fargo is in more hot water, and a Japanese bank consortium planning to build a real-time payments platform us.. read more
Briefs: Stargroup secures funding for Indue acquisition, new director at Liberty, ANZ looking at new 01 November 2016 5:26PM ATM operator Stargroup issues an update on the progress of its purchase of Indue Ltd's business, and more, including how to (possibly) win more and enjoy the Cup. read more
Briefs: Invoice finance company Timelio raises equity capital, website for low doc loans launched. 31 October 2016 4:44PM Invoice finance company Timelio has raised A$5 million of equity capital. read more
Foreign news: Deutsche scraps bonuses 28 October 2016 5:28PM Deutsche Bank has scrapped its cash bonuses for the year in a bid to save costs. read more
Briefs: MyState issues RMBS, Prospa passes A$200 million milestone 28 October 2016 5:05PM MyState Ltd has launched an issue of residential mortgage-backed securities, and Fintech lender Prospa has passed a milestone. read more
Briefs: AFG launches RMBS, RBA faces cyber onslaught 27 October 2016 4:34PM AFG has launched an issue of residential mortgage-backed securities, seeking A$300 million of funding. read more
Foreign news: Clydesdale likely buyer of RBS branches, PBOC tightens Chinese bank regulation. 27 October 2016 4:33PM Clydesdale Bank has made an offer for 300 RBS branches that must be sold to meet the terms of RBS's government bailout. read more