Australia’s competition regulator the ACCC has granted interim authorisation for members of the Australian Securitisation Forum (ASF) to work together to assist smaller lenders to maintain liquidity and issue loans to consumers and small businesses during the “economic disruption” caused by the COVID-19 pandemic.
New Zealand’s competition regulator, The Commerce Commission, is taking online money lender NZ Fintech — trading as Moola — to court alleging the company breached the lender responsibility principles in the Credit Contracts and Consumer Finance Act.
National Australia Bank has pledged to allocate $2 billion in funding over five years to help emerging technology companies build and grow their businesses.
Fantastic innovation that will relieve many organisations handling sensitive data. Thanks Stephen for sharing!
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So an article about nothing followed up with some bumbling rubbish about nothing.
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