News

Credit invisible consumers - those with little or no credit history – will be made visible to lenders via Equifax Open Score, “an innovative new bank transaction score designed to support the more ...
The Council of Financial Regulators say they are exploring a regulatory framework to support the long‑term sustainability of ...
Runaway growth in scheme fees levied by Mastercard and Visa could be – but probably won’t be – corralled by intervention ...
In a reversal of course, the Reserve Bank of Australia is proposing removing surcharging across all debit card and credit card payments, from July 2026. Caps on interchange would also be lowered ...
Major banks have reached an agreement with Armaguard to extend their financial contributions to support the dominant cash-in-transit business for a further six months.
ANZ’s new chief executive Nuno Matos “has quietly downgraded the bank’s glamour technology project” The Australian reported on Saturday.
The monthly disclosure for the private credit fund Mi Market Intelligence Income Fund is an eye opener. There is a $1.6 million line to ‘cash-in-transit’. This borrower can only be Armaguard.
NAB breached its responsible lending obligations when it provided an investment loan to two sisters in 2018, AFCA has ruled.
The Full Federal Court today dismissed an appeal by Cigno Australia Pty Ltd and BSF Solutions Pty Ltd and their respective directors.