Credit stories

InDebted unveils a standalone API to check AI-written debt collection messages in real time, flag vulnerability and create audit trails.

Revolut passes 1m Australian customers and vows nearly AUD $400m investment, stepping up its challenge to local digital banking rivals.

LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.

FinTech Australia opens entries for the 2026 Finnie Awards, marking the programme's tenth year with revamped categories and a new Sydney venue.

Extend unveils an open-source AI toolkit enabling businesses to analyse financial data with advanced automation and multi-framework integration.

Grapple plans to acquire Spenda's invoice finance portfolio, aiming to enhance its presence in the booming Australian SME market.

The car subscription model is rising in Australia, offering consumers alternatives to traditional loans amid inflation and economic uncertainty.

WeMoney partners with Google Cloud to launch WeMo, an AI-powered credit health assistant. This tool aims to educate Australians about their credit scores.

Experian's Risk Radar report shows Australian borrowers facing mixed challenges, with car and personal loans under intense stress, and mortgage delinquencies rising by 40%.

Unveiling 25 practical strategies to cement trust with clients, businesses are beginning to understand that word-of-mouth recommendations, underpinned by trust, outperform traditional advertising efforts fivefold.

In celebration of IWD 2024, ThoughtWorks shares insights on the vital role of psychological safety in empowering women and bolstering inclusion within the technology sector.

Empowering credit control teams with automation technology and a proactive involvement in strategy could fuel profitable growth for businesses in 2024, despite a gloomy economic outlook.

Lanistar Chief Executive Officer, Jeremy Baber, spotlights AI, Gen Z adoption, and sustainability as 2024's major fintech trends.

Vodafone urges Aussies to recycle old mobiles this holiday, revealing 22.3 million devices lay redundant across the nation.

Aryza launches new 'embedded finance' products, Aryza Originate and Aryza Lend, to revolutionize the financial sector.

Businesses in banking and finance are turning to innovative technology for credit decisions, with machine learning playing a key role.

Data and analytics are transforming businesses in APAC, with personalised data enhancing product prices and customer loyalty, according to Sisense's report.

Vodafone cancelled its TV ad after a second person was bombarded with texts and calls due to a number mix-up, causing a flurry of complaints.

Telecom pledges USD $5m for XT outage compensation, offering free calls, texts, and data, while also donating USD $250,000 to local charities.

Telecom is compensating around 150,000 broadband customers following a network upgrade for TiVo that resulted in slow speeds and billing errors.