Why not BUY Westpac

Westpac is for sale and the deadline is 3 years off. A bombshell sale to Bank of China, an all cash offer, this is by far Westpac's best option. If not this then something very, very like this. Singap.. read more

Consumer finance market conditions tighten

Lenders appear to be increasingly wary of their exposure to the consumer finance market, with a number increasing personal loan rates over the past month and cutting back on credit card balance transf.. read more

Engineering payments fraud

The New Payments Platform may already be the fraudsters' payments system of choice, if European experience is any guide. read more

NSW banking tender wide open to fintechs

Fintechs are being validated in Australia like never before. The NSW government is openly inviting fintechs to play hard in an upcoming tender for whole of government payments services. read more

De-banking crypto helps curb scam losses

Efforts by banks, telcos and others to combat the scourge of scams are bearing fruit. The Targeting Scams report reveals a 13 per cent decline in reported scam losses to $2.7 billion over the year to.. read more

Armaguard and banks reach terms

Incredibly, Prosegur are interested in buying Armaguard, but this won’t be needed. The ABA is understood to have reached terms with Armaguard that will assure cash distribution is maintained. read more

One million Maslow dreams

The deeply idealistic fintech Maslow has set itself a target of one million customers in five years’ time. This would make it even more successful than Up, in the event Maslow ever pull this off. read more