Square aims to break into Australian small business payments 09 March 2016 5:32PM The Californian payments technology company, Square, yesterday announced that it would begin selling its point of sale solution in Australia - which becomes its fourth national market after the USA, C.. read more
CML in $25 million unrated bond issue 09 March 2016 5:17PM The ASX-listed finance, payroll and employment services company CML Group will return to the bond market for the second time in a year, seeking to raise a further A$25 million in senior secured notes... read more
CBA mis-steps fuel calls for insurance Royal Commission 08 March 2016 5:18PM In recent days, a joint Fairfax Media and Four Corners investigation has been building towards exposing a systemic and uncontrolled culture at CBA's insurance arm, CommInsure, where profits are put be.. read more
ANZ pays $212,500 penalty after breaching responsible lending laws 08 March 2016 5:17PM Australia and New Zealand Banking Group has paid penalties to Australian Securities and Investments Commission totalling A$212,500 for breaching responsible lending laws. read more
Comment: many stones left unturned by CommInsure 08 March 2016 5:17PM The combined efforts of the ABC and Fairfax to expose practices at CBA's insurance arm, CommInsure, continued online and in print yesterday, culminating in a Four Corners program on ABC-1 last night. read more
Liberty launches first non-conforming RMBS for 2016 08 March 2016 5:16PM Moody's Investors Service and Standard & Poor's have assigned provisional ratings for up to A$297.0 million in notes, to be issued by Liberty Funding Pty Ltd. The notes are Liberty's first prime a.. read more
Australian loan delinquencies up, VW launches auto ABS 02 March 2016 4:56PM Moody's Investors Service says delinquencies for Australian asset-backed securities and prime residential mortgage-backed securities rose in December 2015, compared to the previous month. read more
Alternative data sourcing for establishing the true credit picture 02 March 2016 4:55PM The panellists discussing alternative sources of data for alternative providers of finance at the AltFi Australasia Summit earlier this week were no more than mildly enthusiastic about the new compreh.. read more
OnDeck setting up for marketplace lending boom 01 March 2016 5:23PM Yesterday's day-long AltFi conference in Sydney could not have been more coincidentally well-timed for its major sponsor, OnDeck, the US online lender to small business. read more
Treasury, APRA seek comments on draft derivatives rules 01 March 2016 5:19PM Two government regulators have each released different sets of draft derivatives legislation and regulation for industry comment. read more