Move to align paper conveyancing with electronic processes 28 November 2013 5:53PM Electronic conveyancing, which kicked off on the PEXA exchange this year, has reached the stage where state government bodies are looking at ways to align the rules for paper and electronic conveyan.. read more
Debtor finance turnover rises 28 November 2013 5:52PM Business in the debtor finance market picked up in the September quarter, with discounting and factoring turnover up 7.2 per cent on the previous quarter. read more
Veda's Caesar to competitors: 'bring it on' 27 November 2013 5:21PM When Nerida Caesar joined Veda Group in March 2011 she found a company with a very good product set but one that was not very "customer-centric". Her task, as chief executive, was to "re-set" the b.. read more
Mortgage LVRs rise 27 November 2013 5:20PM The proportion of housing loans written at high loan-to-valuation ratios rose during the September quarter, according to the Australian Prudential Regulation Authority. read more
FICO looks for opportunities in Australia's new credit reporting environment 26 November 2013 5:18PM Following the launch of a credit scoring program for use by consumers in the United States earlier this month, the data analytics company FICO is pitching the idea to Australian banks and other cred.. read more
Experian ramps up in Australia 26 November 2013 5:17PM The credit reporting and data analytics company Experian reports that it is making progress in Australia, with the "ramp-up" of a new credit reporting service. read more
Satisfaction scores maintain upward trend through 2013 26 November 2013 5:14PM Three cash-rate cuts since December last year have helped keep retail customers happy with their banks. Most banks, building societies and credit unions have improved their customer satisfaction sco.. read more
Debt collectors keep COSL busy 25 November 2013 5:15PM Unhappy consumers kept the Credit Ombudsman Service busy over the past year. Complaints to COSL increased by 37 per cent in the year to June, and inquiries were up by 30 per cent. read more
Macquarie takes stake in aggregator 22 November 2013 5:42PM Macquarie Group has acquired a stake in the mortgage aggregator Connective Services, taking a 25 per cent share in the company. read more
ASIC and ACCC update debt collection guidelines 22 November 2013 5:40PM Lenders and debt collectors will have to revise their operating procedures to take account of changes to the Privacy Act that will take effect next March. The Australian Competition and Consumer Com.. read more