ANZ reportedly eyeing a stake in MYOB as the business banking arms race continues
Accounting platform MYOB is staying mum after reports the bank is considering acquiring a stake in the firm.
“It’s a feeling”: Up is reaching gen Z and millennial customers with design
Up is entering the home loans space and helping entire generations of young people work towards owning a home, but in a language they understand.
John Durie: How CBA’s new Unloan product will help it defend its home loans against fintechs
The new Unloan product unveiled by chief Matt Comyn this week is part of the CBA defence of its $450 billion loan book against fintechs, and in the process gives the bank more control over its business.
John Durie: The small businesses that now control the source of the big banks’ profits
The real story on bank profits is how these giant financial institutions have let mortgage brokers take control of their biggest profit driver: home loans.
First female CBA chair Catherine Livingstone to step down after five years in the role
After five years at the helm during some tumultuous times, Commonwealth Bank of Australia chair Catherine Livingstone is set to step down from the board in August.
Judo Bank is a genuine player in SME lending, but is it right for your business?
Judo Bank is a classic gamekeeper-turned-poacher story involving former big bank executives taking on their old employers, who they say have lost the craft of relationship banking.
Banking-as-a-Service: What the new Railspay and Parpera partnership means for Aussie SMEs
The partnership allows Parpera to offer an entirely app-based, mobile business solution, including access to a Volt bank account and business debit card.
Changes to the government’s SME loan scheme kick in today. Here’s what SMEs need to know
More SMEs are now eligible to apply for business loans under the federal government’s SME Recovery Loan scheme, but will lending rates under the scheme actually improve?
Evolving lending market boosts access to finance for SMEs: Productivity Commission
New lending models and technology developments over the past decade have led to more financing options for small businesses — and we’re likely only seeing the beginnings of the positive changes for SMEs.
More job losses in the finance sector as Westpac announces more branch closures
Westpac has announced a second round of branch closures within a fortnight, signalling more job losses in the finance sector.
CBA steps up to take on Afterpay with launch into BNPL sector
CBA has officially stepped into the increasingly cluttered buy now, pay later sector this week, marking the first major bank to make a play against industry juggernaut, Afterpay.
Bendigo and Adelaide Bank to acquire digital bank Up in $116 million deal
The founders of digital bank Up have agreed to sell their fintech Ferocia to Bendigo and Adelaide Bank for $116 million.
