BNK to buy $150m residential mortgage book from Goldman Sachs
BNK have announced that we have bought $A150 million worth of high-margin residential mortgages from a warehouse financed by Goldman Sachs.
Alex Bank taps market for $20M to accelerate growth with new ADI status firmly in place
Alex.Bank, Australia’s newest Bank, announced today that it has begun its newest capital raise, with the target of raising $20 million.
Shift completes debut public deal: $200m Asset Backed Securitisation (ABS)
Shift, a leading provider of credit and payment platforms for Australian businesses, today announced the completion of a $200 million Asset Backed Securitisation.
Not the start of another GFC, but sentiment is key in uncertain times
Christian Baylis and Gaby Rosenberg from Blossom comment on the unfolding developments in global banking and what they mean for the Australian industry
Basiq’s Open Banking Insights: UX and increasing customer conversion
Basiq’s Head of Customer Success, Alex Whiteley, is back with the second edition of Open Banking Insights!
Open Banking Insights: Customer conversion – why it matters and how it’s measured
As a business you want to know how many consumers are using CDR and, most importantly, the conversion rate.
Post-Covid surge in business start-ups fuels mobile payments: CommBank
Research by the Commonwealth Bank of Australia shows one in three Australians have started a small business since the start of the pandemic.
Alex.Bank sees 56% surge in Personal Loans, with 90% of new originations coming from brokers
Alex.Bank, Australia’s newest Bank, has seen an increase in personal loan origination, by over 50% since the start of 2023.
