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Showing 1 - 10 of 356 results for "Credit card"

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
Major bank Westpac has copped a $26 million fine for neglecting customers facing financial hardship over a six-year period. The Federal Court found the bank failed 277 customers facing financial troubles by not providing a written response to their ...

AI can give fundies an edge over the market: Invesco

RIDDHIMA TALWANI  |  TUESDAY, 19 MAY 2026
... have available relative to what we had 20 years ago," he said. Bennett said Invesco has recently started looking at credit card data to evaluate a company's earning momentum and sentiment. Rather than waiting quarterly to get information on key metrics ...

CFS cuts ties with Otivo, launches own super advice

KARREN VERGARA  |  WEDNESDAY, 25 FEB 2026
Colonial First State (CFS) has ceased its partnership with digital advice technology provider Otivo less than two years after joining forces, opting instead to launch an in-house offering called Super Advice. As of February 23, the Otivo digital advice ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
For much of the past year or so, there has been a great deal of focus on the superannuation industry and its processing of insurance claims, largely owing to immense delays at some of the largest institutions. Stories have emerged of the likes of AustralianSuper ...

Channel Capital launches Apollo asset-backed credit trust in Australia

MATTHEW WAI  |  WEDNESDAY, 7 MAY 2025
Channel Capital has launched an open-ended, semi-liquid investment solution providing Australian wholesale investors access to Apollo's asset-backed finance strategies. The strategy benefits from a "flexible" investment mandate and multiple origination ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... trigger a surge in attacks," Kumara said. According to cybersecurity research firm Privacy Affairs, hacked Australian credit card details with a CVV sell for an average of US$23 as of 2023. A NSW driver's licence, meanwhile, fetched about US$40 that ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... The deal announced on February 26 initially sought a minimum of $125 million to fund MoneyMe's personal loan and credit card offerings. This has now increased to $130 million due to "robust demand across all tranches" that resulted in the deal being ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
... 296 extra tax on super balances is about politics and not policy, Treasurer Jim Chalmers offered stymie debit and credit card surcharges by linking it to the passing of Div 296," Ali said. A similar argument was recently raised by SMSF Association chief ...

NESS Super partners for financial advice offering

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
NESS Super will start delivering fully personalised digital financial advice via a partnership with Otivo. NESS Super, whose members are predominantly employed in the electro-technology sectors, has partnered with digital advice platform Otivo to introduce ...

TAL creates consumer and growth unit

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
... GE Capital where she played a big role in transforming the digital customer experience. Her work included leading a credit card launch in New Zealand and enhancing the firm's digital customer experience. She began her career at Telstra, holding several ...
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