Displaying items by tag: Loans

Australian biggest customer-owned bank, Heritage Bank, has partnered with global information services company Experian to set up a loans origination platform that will reduce the loan processing time by up to 80%.

Published in Enterprise Solutions

Australia’s competition regulator the ACCC has granted interim authorisation for members of the Australian Securitisation Forum (ASF) to work together to assist smaller lenders to maintain liquidity and issue loans to consumers and small businesses during the “economic disruption” caused by the COVID-19 pandemic.

Published in Market

New Zealand’s competition regulator, The Commerce Commission, is taking online money lender NZ Fintech — trading as Moola — to court alleging the company breached the lender responsibility principles in the Credit Contracts and Consumer Finance Act.

Published in Technology Regulation

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