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14

PayPal's Aussie profit falls as Singapore costs swell

04 May 2023 5:52AM

A blowout in the cost of services provided by its Singapore-based parent company underpinned a slide in profit at PayPal Australia Pty Ltd in 2022. read more

Banks lose as Stripe and Square carve out big market share gains in Australia

03 May 2023 6:16AM

While the impact of fintechs across the payments market is largely exaggerated, the latest financial reports of the local arms of Stripe and Block Inc indicate that merchant acquiring and payments pro.. read more

Payments providers lend tacit support to Voice to Parliament

02 May 2023 5:21AM

Australia’s leading payments providers are mostly backing the proposal to establish an indigenous Voice to Parliament, with Australian Payments Plus and Visa advancing the strongest support. read more

Cardholder growth drives bottom line recovery for AMEX

27 April 2023 6:10AM

American Express’ Australian business delivered one of its strongest years of growth in 2022, as demand for its charge card and consumer loan products soared to record levels. read more

Klarna's Australian directors rein in financial disclosure

26 April 2023 4:31AM

Klarna’s struggling local arm has taken steps to end having to prepare and lodge audited financial accounts in Australia, after the disclosure of recent operating losses highlighted weaknesses in the.. read more

One-eyed Latitude hikes rates and card fees

20 April 2023 5:57AM

Doing it tough, Latitude will make life and credit costs tougher for its customers.  read more

Bendigo says 'Yes' to the Voice as referendum support swells in the banking sector

19 April 2023 2:20AM

Support for constitutional reform to create a First Nations Voice to Parliament is hardening across the Australian banking sector, with most of the country’s leading institutions throwing their weight.. read more

Westpac strikes deal with Armaguard

18 April 2023 3:47AM

Westpac customers will soon be able to access Armaguard’s fleet of automated tellers for free under a new access deal struck by the parties. read more

Latitude needs to answer questions on data theft disclosures

18 April 2023 3:45AM

The miserable level of consumer protection offered by existing privacy laws and the federal privacy commissioner has been on display in the last month as Latitude Financial released threadbare details.. read more

Deposit Power positions for growth as rates rise

13 April 2023 5:06AM

Sustained interest rate rises have mixed effects on the prospects of service providers in the home loan supply chain, but usually count as a massive boon for players in one of the most overlooked prod.. read more

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Today's news

  • PAX seeks payments match with banks
  • Personal insolvencies settle
  • Payday lending too hot for Cash Converters
  • Re-rating AFG
  • Bendigo takes backwards steps
  • Solvar buys into Earlypay
  • Business risk on the skids
  • Teachers and Australian Mutual do the deal
  • Bank of Sydney takes plunge with Infosys
  • Receiving banks in focus in AFCA scam reforms

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Finance regulation

  • States take up the cudgels on eConveyancing
  • Firstmac failed design and distribution rules
  • 'Minimal' bankruptcy reforms tabled by Dreyfus

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con
  • Credit quality dogs Zip turnaround

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