Credit decisions trend towards AI 03 December 2024 5:50AM Large banks and telcos are intending invest further in artificial intelligence platforms according to a new report from data analytics and consumer credit reporting company, Experian. read more
Poor AI practices weighs on consumers' trust 26 November 2024 5:52AM A newly released Deloitte report has warned that consumer trust has taken a nosedive over perceptions that personal information is poorly managed across a range of major industry and government sector.. read more
Novatti banks on payments operations 31 October 2024 6:09AM Payments outfit Novatti Group Limited has reported 13 per cent boost in revenue to $12.9 million for the September 2024 quarter. read more
Wisr lowers revenue, improves margins 31 October 2024 6:07AM Wisr's loan originations lifted 40 per cent over the prior quarter. read more
Westpac's CEO blames social media for scams 30 August 2024 6:54AM Westpac has spent $100 million on scam prevention measures over the past two years, with customer scam losses down over 30 per cent year on year. read more
Wisr struggles for profits, margins 30 August 2024 6:41AM For Wisr, profits always seem just over the horizon. read more
CBA results at a glance 15 August 2024 6:39AM CBA reported statutory net profit after tax of A$9.48 billion for the year to 30 June 2024. This was down 6 per cent on the previous year's result, and 4 per cent below the first half of FY24. read more
Senate committee greenlights changes to BNPL regs 05 August 2024 1:11AM The way has been cleared for But Now Pay Later services to be regulated under national consumer credit laws, if recommendations from the Senate Economics Legislation Committee are followed. read more
MoneyMe builds loan book, cuts margins 02 August 2024 7:20AM Digital lending outfit MoneyMe released its fourth quarter trading update, showing a return to growth for its loan book, although gross revenue remained steady at A$54 million (up by $1m on 3Q24, and.. read more
ABS firsts: MoneyMe and Household Capital 19 July 2024 6:40AM A couple of more unusual securitisation deals were finalised yesterday. Neither is notable for its absolute size, but these are both firsts in their more specialised patches of the lending landscape –.. read more