Mutual bank (130 items)

Briefs: 'Vulture' lenders in Senate crosshairs, SWIFT and NPP Australia’s API sandbox, NAB and Westpac back a receipt startup, International Credit Union Day, and more

The terms for a new Senate inquiry include examining "whether the current regulation of debt vultures, payday lenders and 'buy now, pay later' providers is adequate to protect vulnerable members of the community from financial harm". The threat of an inquiry has already impacted a range of ASX-listed consumer lenders. read more

AusPost scores fee windfall under watershed CBA deal

Australia Post has confirmed that mutual banks and credit unions will not have to pay an annual “community representation fee” to participate in the Bank@Post banking service, but will potentially face steeper transaction charges under revised agreements. read more

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