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Non-bank sees loan originations rise 17% qoq
by reporter • 4 May 2021
A non-bank lender has reported that its loan originations grew 17 per cent in the quarter ending 31 March 2021, up...
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Major bank makes appointment to newly created role
by Malavika Santhebennur • 3 May 2021
The major bank has made an appointment to the newly created head of specialised and private role, a part of the...
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Major bank rolls out ‘no-interest’ credit card for SMEs
by Annie Kane • 3 May 2021
The major bank has launched a new, “no-interest” credit card for small-business customers that enables them to...
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Steve Sampson becomes CCO of non-bank lender
by Annie Kane • 30 Apr 2021
An SME lender has appointed Bank of Sydney’s former head of third party, Steve Sampson, as its first chief commercial...
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Major bank settles class action for $30m
by reporter • 29 Apr 2021
A big four bank has agreed to pay up to $30 million, without any admission of liability, to settle a class action...
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Recognising the Symond legacy
by Annie Kane • 28 Apr 2021
Following the news that Aussie CEO James Symond is to step down from his role, the industry has been reflecting on the...
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OnDeck launches new credit scoring model
by Reporter • 28 Apr 2021
The online SME lender has launched a new risk-predicting credit model which it said would support more tailored risk...
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Non-major unveils new LMI offering
by Annie Kane • 27 Apr 2021
Gateway Bank has today unveiled a Monthly Premium LMI offering to help those with low deposits access a mortgage...
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Prospa originations up as SMEs recover
by Malavika Santhebennur • 26 Apr 2021
The SME lender has said that its total originations have bounced back to pre-COVID levels, and up 20 per cent on the...
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Major banks reveal major issue of abusive transactions
by Annie Kane • 21 Apr 2021
The big four banks have acknowledged that more needs to be done on abusive transactions, after identifying more...
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