AMP group's woes lead S&P to revise outlook on AMP Bank 31 August 2018 5:12PM S&P Global Ratings has revised its outlook on AMP Bank Ltd from stable to negative. read more
Goldfields Money brought down by merger scuffle 30 August 2018 4:32PM The profitability of Australia's newest bank, Goldfields Money, has been plagued by a takeover battle for control of the company between two established players. read more
Mortgage brokers prepare to ditch volume-based bonuses 29 August 2018 4:44PM Australia's mortgage broking industry has moved closer to removing volume-based bonus commissions, campaign-based commissions, and other volume-based bonus payments from the payments stream of Austral.. read more
Afterpay building business offshore, paying later 24 August 2018 5:59PM Australian retail payments provider Afterpay Touch is continuing its offshore expansion, following up its US launch earlier this year with a planned UK presence in the next six months - paid for by sh.. read more
A return home for new Australia-NZ head of Amex 23 August 2018 5:00PM Corrina Davison, returns to where she started with American Express, this time as managing director of Australia-NZ operations. read more
EML Payments discloses record earnings for FY18 23 August 2018 4:59PM Acquisitive ASX-listed payments processing and loyalty system software provider EML Payments Limited has reported higher revenue for the 2017/18 year, up 23 per cent on the previous year. read more
Flexigroup profit squashed by digital buildout, remediation payout 22 August 2018 4:59PM Diversified non-bank lender and financial services group FlexiGroup Limited has reported a cash net profit after tax of A$88.2 million for the year ended 30 June 2018. read more
Chip success focuses efforts onto online card fraud 22 August 2018 4:55PM The Australian Payments Network's card fraud data for 2017 has been released, disclosing online card fraud accounted for 85 per cent of all Australian losses. read more
Stakeholders collaborating to combat online card fraud 22 August 2018 4:53PM The Australian Payments Network, with the collaboration of "the entire range of stakeholders in online payments", aims to develop and implement a new set of procedures to combat a sharp rise in online.. read more
Mortgage Choice sees hope from screws tightening on borrowing 22 August 2018 4:50PM Mortgage Choice chief executive officer Susan Mitchell unveiled annual results for the financial year ended 30 June 2018 with an after tax net profit of A$23.4 million, up 3.3 per cent on FY2017, minu.. read more