Category Archives: Risk

Market Perspectives: Simon Cordell the Head of Credit Risk at Ratesetter Australia

Last Friday, I sat down with Simon Cordell the Head of Credit Risk at Ratesetter Australia. Simon is a 20-year veteran of consumer and SME credit (he was head of small business risk management and head of consumer risk at Amex (Australia) before joining RateSetter in 2016) and has worked all over the world for Amex. He

Continue reading

Bitcoin Trading on the ASX?

Really Bitcoin trading on the ASX, you ask?  I am referring to the proposed new listing of a Melbourne based team called Bitcoin Group. This proposed listing caught my eye earlier in the week after reading in the SMH http://goo.gl/NZGf1j that the company is looking to list on the ASX in November hoping to raise

Continue reading

A real bank alternative – SocietyOne

In August 2011, Matt and Greg Symons (no relation) co-founded Australia’s only currently active P2P lender, SocietyOne http://www.societyone.com.au. Whilst working in San Francisco, where two of the large online P2P marketplaces in the US are headquartered, Matt was exposed to P2P for the first time . He returned to Australia in 2010 and was introduced

Continue reading

S&P downgrade 3 Aussie Bank Hybrids – do you understand the risks?

The rating agency S&P downgraded a number of Asian Bank Hybrids. Included within this were three Australian Banks – Macquarie, Westpac and the NAB – http://goo.gl/7ypL7t . The agency reviewed their rating criteria and notched down about 60 Asian Banks of which the three Australian Banks were included. For NAB and Westpac, their Hybrids issued before, January

Continue reading

GetCreditScore

GetCreditScore.com.au is a website recently launched where Australians can check their credit score, absolutely free. GetCreditScore is an initiative developed by SocietyOne, Australia’s Peer-to-Peer lending platform. GetCreditScore.com.au uses VedaScore, the credit score developed by Australia’s local and leading credit bureau Veda. Knowing your credit score is an important step in helping you understand the information

Continue reading