Following the recent merger between Homeloans Ltd and RESIMAC, the new third party structure has been unveiled... Apple gets win against Australia banks over mobile payments...
Homeloans reveals new third party sales structure
Following the recent merger between Homeloans Ltd and RESIMAC, the new third party structure has been unveiled.
RESIMAC's Daniel Carde has been announced as the general manager third party distribution, looking after both the Homeloans and RESIMAC BDM networks.
“This merger has brought together two highly successful and complementary businesses,” says Carde. “The opportunities this presents are tremendous, and I am looking forward to working with our experienced BDMs and broker partners to deliver one of Australia’s most comprehensive and competitively priced home loan offerings.”
Homeloans’ current general manger sales, Ray Hair has been appointed general manager branded partnerships, focusing on the Homeloans-branded broker network, leveraging the Homeloans brand and assisting these brokers in building their businesses.
“We are very excited about what the future holds,” says Hair. “The new structure does not mean any changes to the way our partners do business with us today, rather it provides us with even greater opportunities and tools to continue to deliver the best solution to brokers and borrowers alike.”
Apple gets win against Australia banks over mobile payments
(Bloomberg) -- Apple Inc. scored a victory in the global battle to control the future of mobile payment technology after the Australian competition regulator refused to grant a group of local banks permission to negotiate collectively over the introduction of Apple Pay.
The Australian Competition and Consumer Commission said on Tuesday in a draft ruling it was "not satisfied" that the likely benefits from allowing the banks to negotiate with Apple as a bloc outweighed the negatives. Allowing collective negotiations “could reduce competition between the banks in the supply of mobile payment services for iPhones,” the regulator said.
Australian banks had been seeking to strengthen their negotiating position in talks with Apple amid concerns that it the widespread use of contactless payment cards in Australia will allow the U.S. company to quickly grab a large share of the mobile payments market.
Apple’s technology bars any app apart from its own from using the functionality of the iPhone’s near-field communications antenna, the technology which makes payments on contactless readers possible. It wants banks to permit customers to upload their credit cards into its proprietary digital wallet.
Commonwealth Bank of Australia, National Bank of Australia Ltd., Westpac Banking Corp. and Bendigo & Adelaide Bank Ltd. had applied to the ACCC for the right to negotiate as a bloc with the iPhone maker, citing a “significant disparity in bargaining power.”
Following the recent merger between Homeloans Ltd and RESIMAC, the new third party structure has been unveiled.
RESIMAC's Daniel Carde has been announced as the general manager third party distribution, looking after both the Homeloans and RESIMAC BDM networks.
“This merger has brought together two highly successful and complementary businesses,” says Carde. “The opportunities this presents are tremendous, and I am looking forward to working with our experienced BDMs and broker partners to deliver one of Australia’s most comprehensive and competitively priced home loan offerings.”
Homeloans’ current general manger sales, Ray Hair has been appointed general manager branded partnerships, focusing on the Homeloans-branded broker network, leveraging the Homeloans brand and assisting these brokers in building their businesses.
“We are very excited about what the future holds,” says Hair. “The new structure does not mean any changes to the way our partners do business with us today, rather it provides us with even greater opportunities and tools to continue to deliver the best solution to brokers and borrowers alike.”
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In your first 2 years of broking? Aged under 35? Get featured in MPA magazine and online as one of our 2017 Young Guns. Take 2 minutes to apply now and start your rise in broking; applications close December 2nd.
https://www.surveymonkey.com/r/MPA-Young-Guns-2017
Apple gets win against Australia banks over mobile payments
(Bloomberg) -- Apple Inc. scored a victory in the global battle to control the future of mobile payment technology after the Australian competition regulator refused to grant a group of local banks permission to negotiate collectively over the introduction of Apple Pay.
The Australian Competition and Consumer Commission said on Tuesday in a draft ruling it was "not satisfied" that the likely benefits from allowing the banks to negotiate with Apple as a bloc outweighed the negatives. Allowing collective negotiations “could reduce competition between the banks in the supply of mobile payment services for iPhones,” the regulator said.
Australian banks had been seeking to strengthen their negotiating position in talks with Apple amid concerns that it the widespread use of contactless payment cards in Australia will allow the U.S. company to quickly grab a large share of the mobile payments market.
Apple’s technology bars any app apart from its own from using the functionality of the iPhone’s near-field communications antenna, the technology which makes payments on contactless readers possible. It wants banks to permit customers to upload their credit cards into its proprietary digital wallet.
Commonwealth Bank of Australia, National Bank of Australia Ltd., Westpac Banking Corp. and Bendigo & Adelaide Bank Ltd. had applied to the ACCC for the right to negotiate as a bloc with the iPhone maker, citing a “significant disparity in bargaining power.”
