Latest Banking Services News

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.

Cuscal Limited announces the retirement of long-serving CFO Sean O’Donoghue in late 2025 and the appointment of Jennifer Brice as his successor, signaling a seamless leadership transition as the company remains on track to meet its FY25 forecasts.

Urbanise.com Ltd has partnered with NAB in a landmark deal where NAB acquires a 15% stake to integrate its banking services into Urbanise’s cloud-based strata management platform, aiming to launch a new solution in early 2026.