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A ‘business review’ announced by the board of Helia is likely to land on putting the LMI business up for sale, or into runoff. read more

AusPayNet and Australian Payments Plus have laid out a consultation process to develop an industry vision for the future of account-to-account payments. read more

Most ADIs and most APRA regulated entities will have another year to conform to APRA’s new prudential standard CPS230 on operational risk management, which came into force today. read more

The reverse mortgage market will be counted in the trillions.   read more

Experteq – formerly Transaction Solutions – has been ordered to pay Expert Group International $9.7 million, plus interest, in a final settlement of a contested earn out provision following the 2020 t.. read more

Armaguard, the Australian Banking Association, the major banks and others have received the final all-clear from the ACCC to continue their collaborative conduct intended to keep Armaguard in business.. read more

The NSW government will roll out a ‘Pre-Sale Finance Guarantee’ to accelerate housing construction. read more

US payments processor Shift4 has entered into an agreement to acquire Smartpay, a leading provider of payment processing and point-of-sale solutions in Australia and New Zealand. read more

The federal government might be close to giving the mutual banking sector some of what it wants via the upcoming report of the Review into small and medium-sized banks. read more

ANZ executive Simon Birmingham will join the Australian Banking Association as chief executive officer. read more