03/23/2020

MatchMove confirms bid for Digital Banking License

Shailesh Naik, Founder and Group CEO, MatchMove, said “At its core, MatchMove aims to improve the quality of people’s digital life by extending essential and safe banking services to them anytime anywhere.

03/20/2020

Banks defer small business loan repayments

The package was developed following discussions with APRA and ASIC to provide the appropriate regulatory treatment, though still requires authorisation from ASIC.

03/20/2020

Prudential Inks Bancassurance Deal in Thailand

This agreement requires the novation of TMB Bank's current bancassurance distribution agreement with another insurance group, which will cost Prudential 24.5 billion Thai baht ($754 million), which will be paid in two installments.

03/20/2020

Call for pause on default insurance changes

While some provisions are already in force, the majority of the reforms is set to take effect from April 1, putting vulnerable Australians at risk, according to Slater and Gordon principal lawyer Annemarie Gambera.

03/20/2020

Perpetual exits MySuper

Perpetual MySuper ranked 21st for one-year returns to June 2019, however it sits in 52nd place over five years.