With banking licence in hand, Avenue Bank promises paper-free bank guarantees to SMEs
Finance sector upstart Avenue Bank has been granted a full operational licence, allowing the venture to reveal its core product: a streamlined bank guarantee system, promising small and medium enterprises a better service than the Big Four currently provide.
Price gouging by banks? There’s a simple solution
For price gouging by supermarkets, there’s not a lot the government can do, apart from launching an inquiry. But for banks, it’s altogether different.
Here’s (yet another reason) why fintech Up is the coolest, most innovative bank in Australia
Informed by a survey of gen Z and Y respondents aged 18 to 34, Up's Hi-Fi product aims to help young Australians reach their financial goals.
Regional banking inquiry: NSW tourism hotspot, Tasmanian business advocates to argue why cash is king
Businesses, councils, and banking representatives will speak at public hearings held by the Senate Standing Committee on Rural and Regional Affairs and Transport.
Small business lender Judo Bank is using automation and AI to bring the fight to the Big Four
Small business lender Judo Bank says its new forays into automation and artificial intelligence will provide customers with insights they could not gain on their own, as the scale-up challenges "industrialised" SME loans offered by the Big Four.
Square’s payment acceptance comes to Android, promising merchants the ability to sell without extra hardware
Square now allows Australian merchants to accept payments on Android smartphones, extending the reach of the next-generation payments technology on home soil and the offerings of a company synonymous with physical card readers.
Zeller launches small business debit cards, replacing the traditional bank sign-up process with Officeworks
Entrepreneurs are set to gain near-instant access to transaction accounts and physical debit cards without ever entering a bank branch, under an ambitious plan Zeller hopes will expand its market.
John Durie: CBA sets sights on business sector as it battles with NAB for market share
The good news for potential customers is in a market where interest rates are increasing the banks may be prepared to cut deals to win your business.
Why Jim Chalmers should declare Queensland Labor’s conflict of interest in Suncorp ahead of the ANZ deal
The federal Treasurer has an obligation to disclose how Labor will deal with its multimillion-dollar stake in Suncorp, writes Stephen Mayne.
John Durie: ANZ chooses formal authorisation process to garner ACCC green light on Suncorp deal
ANZ has chosen an unusual route to gain clearance from the ACCC for its Suncorp acquisition, opting to go through a formal authorisation process that means public benefit will also be considered.
Volt urges customers to empty their deposit accounts as the neobank pioneer exits the banking sector
Volt on Wednesday confirmed the "difficult decision" to end its deposit-taking functions and return all deposits to its customers.
Online lending marketplace Swoop raises US$9.4 million to help more SMEs secure funding
Swoop, a global online funding platform for SMEs and advisors, aims to further expand into the Australian and global markets.