Suncorp battens down for a low profit year 23 October 2020 6:00AM Suncorp's insurance businesses hogged the spotlight at yesterday's AGM. read more
Klarna launches an Aussie loyalty program 23 October 2020 6:00AM Buy now, pay later player Klarna has launched a customer loyalty program in Australia that the global fintech said will be rolling out over coming weeks – ahead of all of its European markets. read more
First notes backed by bike and boat loans 16 October 2020 5:37AM The privately owned Allied Credit is marketing the first term securitisation in Australia to be backed by motorcycle and marine receivables. read more
Loan losses will be 'muted': S&P 09 October 2020 6:27AM The recovery for Australia's banks will be "a drawn-out affair" as they struggle to regain pre-COVID earnings metrics, even as credit losses recede, S&P has warned. read more
Mortgage House rushed by RMBS investors 18 September 2020 6:55AM Ambitious non-bank lender Mortgage House has priced its second RMBS deal in as many years, raising around A$400 million to fund further loan activities. read more
Abandon LIBOR now, avoid the rush 17 September 2020 6:40AM Financial institutions and other entities that have relied on LIBOR and similar interest rate benchmarks for pricing loans and derivatives should already be transitioning to alternative risk-free rate.. read more
Busy week in the securitisation market 07 September 2020 6:31AM Lenders were active in the securitisation market last week, with Bluestone and RedZed Lending Solutions completing issues of residential mortgage-backed securities and Liberty Financial pricing a secu.. read more
Novatti lifts revenue, losses 28 August 2020 6:06AM Aspiring digital bank Novatti has averaged 50 per cent annual revenue growth for each of the last three years, but is yet to make a profit. read more
Prospa takes a COVID-19 hit 28 August 2020 6:05AM Small business lender Prospa has seen its profitability crimped by the COVID-19 economic shutdown. read more
Wisr funding model backed by AOFM 28 August 2020 6:03AM Wisr has reported record loan origination and operating revenue. read more