Financial institutions / Big five & fintech (2,234 items)

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Comment: Major banks' positions on sustainability not sustainable

Two of Australia's Big Four banks appear to have discovered this week that glossy sustainability reports and fine sounding media releases on climate change initiatives might finally have a real price tag attached. And that price could be the cutting of ties with lobby groups such as the Business Council of Australia. read more

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

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