Income Verification and the Payslip Paradigm: The Last Bastion of Document-Based Credit Decisions?
one crucial area of credit decisioning remains firmly rooted in outdated processes: Income Verification.
Buy Now Pay Later legislation passes Parliament, credit bodies say it is ‘a good outcome for both consumers and industry’
Arca has shown its support for the Federal Government’s legislation to regulate the buy now, pay later (BNPL) industry.
Credit demand surges with 94% of SMEs seeking new capital: ScotPac
Credit demand is strong for the 40% of SMEs described by their owners or managers as being in a growth phase.
CreditorWatch appoints Ivan Colhoun as Chief Economist
Australian credit reporting bureau CreditorWatch have today announced the appointment of Ivan Colhoun as consulting Chief Economist.
Arca-developed credit reporting code approved by privacy commissioner
Arca have welcomed the announcement by the OAIC today that it has approved the updates to the Privacy (Credit Reporting) Code requested by Arca.
WeMoney launches AI-powered credit health education assistant with Google Cloud
WeMoney have announced a collaboration with Google Cloud to develop an AI-powered credit health education assistant, an Australian first.
CreditCardCompare.com.au study shows Australian credit card usage at an all-time high
A recent study conducted by the Australian credit card comparison website CreditCardCompare.com.au reveals a dramatic shift in credit card habits.
Larger businesses lead tech adoption with AI leading the way: CreditorWatch
Larger businesses are driving the adoption of new technologies across Australia, with Artificial Intelligence the primary technology industries are adopting.