Latest Banking Services News

Judo Capital Holdings Limited reported strong FY25 results with significant lending growth and profit increases, while expanding its SME banking footprint and advancing technology. The bank sets confident FY26 guidance amid strategic board changes.

AMP Limited reports a 3.6% rise in total assets under management, driven by a 61.6% jump in Platforms net cashflows and steady growth across divisions, alongside significant legal settlements.

Nationwide Building Society has confirmed it has largely complied with its post-offer intentions following its acquisition of Virgin Money UK PLC, with a previously disclosed exception.

Stakk Limited has secured a pivotal two-year agreement to provide embedded finance technology for Robinhood’s new banking service, marking a significant milestone for both fintech players.

Stakk Limited has renewed its key contract with New York fintech Current Financial, locking in $280,000 in annual recurring revenue and reinforcing its foothold in the US embedded finance market.

Urbanise.com Limited reported a 4.2% revenue increase to $13.1 million in FY2025, alongside a landmark strategic partnership with National Australia Bank that promises to disrupt the strata management industry’s legacy banking model.

Tyro Payments Limited reported FY25 results with strong top-line growth and margin expansion, setting a confident outlook for FY26 backed by AI-driven efficiency and an expanded market.

Tyro Payments delivered solid FY25 results with a 10.6% rise in EBITDA and accelerated growth initiatives, including expansion into new $40 billion addressable markets and a pilot banking platform.

Cuscal Limited has exceeded its FY25 profit expectations and announced a strategic $75 million acquisition of Indue Limited, aiming to boost scale and efficiency in the Australian payments sector.

MyState Limited reports a transformative FY25 with a 64% loan book growth following its merger with Auswide Bank, delivering a 17% rise in underlying profit and declaring a fully franked final dividend.

Commonwealth Bank of Australia reported an 8% rise in net profit to $10.1 billion for FY25, supported by steady lending growth and a 5% revenue increase. The bank declared a fully franked final dividend of 260 cents per share, underscoring its robust capital position and ongoing technology modernization.

Findi Limited has completed a successful pilot of its BC Max Centres with Central Bank of India and launched a national rollout starting with 76 locations, aiming to transform digital banking access across India.