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19 November 2018 • By Sarah Simpkins • 1 min read

Xinja neobank now live

Australian fintech startup Xinja has established its fully digital ‘neobank’, with it now being live and comprising of finance, loans and deposits, ...

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APRA bracing for end of ‘economic summer’

APRA is undertaking work to keep Australian’s financial institutions secure if and when the economic summer ends, said newly appointed deputy chair

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NAB Chief takes $2.1m pay cut

National Australia Bank’s chief executive has taken a $2.1 million pay cut ahead of his appearance at round seven of the royal commission. Round ...

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Small banks fear regulation cost hike

Smaller lenders are concerned they could be squeezed out by escalating regulatory costs as a result of the royal commission, according to a survey by ...

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AFCA initiates small business ombudsman

The Australian Financial Complaints Authority is appointing a dedicated small business lead ombudsman to resolve financial disputes that businesses ...

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Finance industry growing to favour AI

More than half of financial executives expect to see increased efficiency in their organisations as a result of artificial intelligence, according to ...

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Lonsec launches super research on iRate

Lonsec is introducing access to superannuation fund research on its iRate platform, offering financial advisers access to investment data gathered by ...

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Government announces $51m to pursue financial misconduct

The government made the announcement this morning that more than $51 million would be given to pursue criminal prosecutions for financial misconduct

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Commercial property LIT closes IPO after raising $230m

An Australian real estate income fund targeting an 8 per cent return through commercial mortgages has raised more than $230 million for its public ...

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Natixis snaps up team of Pictet thematic portfolio managers

The Paris-headquartered global asset manager has hired of a team of senior global thematic portfolio managers from Pictet Asset Management

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