Westpac opens up out of cycle home loan rates rises 15 October 2015 5:24PM In conjunction with announcing a week-long trading halt to launch a A$3.5 billion share rights issue yesterday, Westpac said interest rates on all its variable home loans - that is, owner occupied and.. read more
Westpac on track for $8 billion annual profit 15 October 2015 5:23PM Westpac backed up its capital raising and home loan rate rise announcement with the release of its unaudited 2015 full-year result. The Group's full year results will be announced on 2 November. read more
Court approves Cash Converters payout to NSW borrowers 13 October 2015 4:50PM The class action against payday lender Cash Converters by more than 35,000 mainly low-income borrowers in New South Wales has moved into its final phase, after the Federal Court approved a settlement.. read more
BOQ Specialists deliver on promise, on time 09 October 2015 5:19PM During the Bank of Queensland's annual results presentation yesterday, bank leaders tried hard, but failed, to conceal their satisfaction at the outcome of the bank's acquisition of professional finan.. read more
Comment: BOQ masters the cross-sell shuffle 09 October 2015 5:18PM The takeover last year of the main operating businesses of Investec Bank (Australia), since renamed BOQ Specialist, was the third major lending business that BOQ has acquired in a decade, after it pic.. read more
BOQ expense ratios in holding pattern 09 October 2015 5:17PM The efforts spent by Bank of Queensland's finance team in shoring up their balance sheets have stabilised margins and kept crucial ratios in line - although it's not always so obvious, according to An.. read more
Payments set for a digital shake-up 08 October 2015 4:56PM Yesterday, Capgemini released its annual "World Payments Report", revealing that Australians are living up to their reputation as early adopters, with the fourth highest rate of "non-cash transactions.. read more
Smartphone wallets, apps ready to expand across APAC 08 October 2015 4:54PM ACI Worldwide, in conjunction with IDC Financial Insights, has released the findings from an Asia Pacific study on the current state of digital payment adoption and how new internet based services may.. read more
NAB, payday lenders named and shamed in Shonky awards 08 October 2015 4:53PM The Australian finance industry was again included in the annual 'anti-awards' of consumer organisation Choice. The annual awards, the Shonkies, name and shame the products and companies that are judg.. read more
eftpos Hub attracts new members 02 October 2015 4:01PM Eftpos, the most widely used card transactions system in Australia, announced yesterday that it had signed up two new members: the local start-up success, Tyro Payments, and global payments facilitati.. read more