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Australian businesses were severely affected by a worldwide meltdown of Square’s payments systems on Friday.  read more

G&C Mutual Bank and Unity Bank will be joining forces, consummating one of the longest-debated mergers in Australia’s mutual banking landscape. read more

NAB research shows consumers and businesses “are increasingly prepared to make trade-offs for greater protection from scams”. read more

The Commonwealth Director of Public Prosecutions has withdrawn charges against Peter Challis, the former CEO of WAW Credit Union, based in Albury. read more

Beyond Bank will merge with First Choice Credit Union, deepening Beyond’s expansion into NSW. read more

IPO candidate Cuscal Limited reported a 12 per cent rise in net profit over the year to June 2023 amid a blowout in costs. read more

Novatti downplayed mention of International Bank of Australia from its full year results. read more

Commonwealth Bank and the Finance Sector Union have reached an in-principle agreement over an improved Enterprise Agreement, including a sector-leading pay rise. read more

On the back of a robust full year result, IMB Bank has reminded the sector that it is wide open to merger opportunities. read more

A shrinking mortgage book, docile new business volumes and higher expenses smashed the earnings of non-bank lender Resimac over the last year. read more