Home loans stories
The deal lifts Recludo's combined residential loan book above USD $3 billion, underscoring a wider push to consolidate mortgage brokers.
The shortlist comes as the sector weighs new rules on payments, scams and data rights, with 160 finalists vying across 22 categories.
Mortgage brokers now handle more than three-quarters of new home loans in Australia, sharpening competition and compliance pressures.
Compare Club adds HBF, HIF and see-u to its panel, lifting coverage to about 67% of Australia's private health insurance market.
Lendi Group taps MongoDB to rebuild data platform and go fully AI-native by 2026, targeting faster rollout of mortgage and property services.
Lendi Group promotes Devesh Maheshwari to CTO to spearhead its AI-native transformation across Aussie and Lendi brands by mid-2026.
Zara Cobb has been appointed Chief Marketing Officer at Compare Club, bringing over 20 years of marketing expertise across fintech and eCommerce sectors.
CommBank reports a 12% rise in home loan pre-approvals after recent 0.25% rate cuts, driven by heightened buyer confidence across NSW and Queensland.
Experian and Stryd have teamed up to offer Australian mortgage brokers enhanced client insights using open banking data and product pricing.
Hejaz Financial Services has launched Halal Money, Australia's first halal financial app, aiming to meet the needs of Muslim investors with over 15,000 downloads.
ANZ Plus partners with Cashrewards to offer seamless cashback services through its app, aiming to enhance financial benefits and customer convenience.
Hidden process gaps in mortgage origination can let fraudulent loans slip through, raising fresh questions for banks after a Australian Big Four case.
nCino adds Argyle-powered tool to automate document income checks in its mortgage platform, targeting lenders when data feeds fall short.
Experian and GBG expand their partnership to offer advanced fraud prevention and identity verification across Australia and New Zealand for faster, safer onboarding.
Paul Duggan has been appointed CEO of Money.com.au, succeeding founder Shaun McGowan, and aims to enhance digital access to financial products in Australia.
Fraud checks and collections improved after Absa switched to WhatsApp messages, lifting self-solve cases and payments from distressed borrowers.
Small firms and mortgage seekers could gain faster access to credit as the regulator widens permissioned data sharing beyond open banking.
Borrowers could soon compare mortgage offers in one place as the Auckland fintech targets a mid-year launch after years of testing.
Wealthfront posts record revenue and assets but plunges to GAAP loss after IPO-linked stock-based pay drives expenses sharply higher.
BNZ launches Founder Housing to help tech founders in New Zealand buy homes by recognising business growth and backing, not just profit and personal income.