The Takeovers Panel has made a declaration of unacceptable circumstances in relation to Humm Group. Humm, since November, has been deflecting engaging with a takeover offer from Credit Corp, though ...

ASIC has been successful in the High Court on an appeal by Sunshine Loans from a decision of the Full Federal Court concerning the decision made by the liability judge to recuse himself from ...

APRA “holds some concern that without the necessary deep pockets, some of the smallest mutuals will eventually find their business models are no longer viable” APRA member Therese McCarthy Hockey told ...

Teachers Mutual Bank and Australian Mutual Bank will merge to create one of Australia’s largest mutual banks following successful member approval at the Special General Meetings of both banks.

Stephen Capello will step down from his role as CEO of Hume Bank after eight years. Capello has advised the Board of his ...

PayTo, a secondary Account to Account payments system allied to the New Payments Platform “has yet to demonstrate its maturity as a direct debit replacement” the Reserve Bank of Australia said in a ...

In May 2024, Maslow raised $410,000 from 288 investors in a crowd-funding round on the Birchal platform. That, obviously, was barely enough to get the business up and running.

Twenty-three per cent of Australian SMEs are willing to write off 6% or more of their annual turnover to avoid difficult conversations about late payments, the Pursuing Payments report from fintech ...

The growth ambitions of Bank Australia may be accelerating, with the mutual bank “in transition to being designated as a Significant Financial Institution” by APRA.

The Payments System Board yesterday expressed “concern about insufficient consensus within industry, particularly on how best to process bulk payments in the future.

Financial and Insurance Services has by far the widest pay gap in favour of men, the annual Employer Gender Pay Gaps Report for 2024/25 from the Workplace Gender Equality Agency shows. The average ...