Payments NZ
Big four banks meet deadline for easier customer sharing of account info with fintechs
29th Nov 24, 5:00am
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Big four banks meet deadline for easier customer sharing of account info with fintechs
[updated]
A better payments system is staring New Zealand in the face and it’s time for the country to ‘leapfrog’ into it, according to the RBNZ
19th Nov 24, 2:52pm
1
A better payments system is staring New Zealand in the face and it’s time for the country to ‘leapfrog’ into it, according to the RBNZ
Payments NZ highlights consumers' desire for 24/7, 365 day real-time payments
27th Sep 24, 9:19am
Payments NZ highlights consumers' desire for 24/7, 365 day real-time payments
Whilst the big bank bosses won't be quaking in their boots, the Commerce Commission's bank competition probe, and Nicola Willis' response, has put the issue very much on the political agenda
27th Aug 24, 5:00am
6
Whilst the big bank bosses won't be quaking in their boots, the Commerce Commission's bank competition probe, and Nicola Willis' response, has put the issue very much on the political agenda
[updated]
Commerce Commission backs away from recommending shake-up to banks' regulatory capital requirements in final banking competition report
20th Aug 24, 8:43am
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Commerce Commission backs away from recommending shake-up to banks' regulatory capital requirements in final banking competition report
Weekend EFTPOS transactions hit $200 million and Monday transaction backlogs drop, as New Zealand moves to seven-day payments
19th Jul 24, 5:00am
6
Weekend EFTPOS transactions hit $200 million and Monday transaction backlogs drop, as New Zealand moves to seven-day payments
With open banking threatening to finally gather some pace in New Zealand, Worldline with Online EFTPOS has been one of the early movers
27th May 24, 12:33pm
4
With open banking threatening to finally gather some pace in New Zealand, Worldline with Online EFTPOS has been one of the early movers
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
8th May 24, 11:14am
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
Thousands of obsolete EFTPOS terminals still in use as network cut-off date approaches
6th May 24, 10:13am
3
Thousands of obsolete EFTPOS terminals still in use as network cut-off date approaches
Technology lawyer Andrew Dentice urges more discussion on the services open banking enables, and less on the technology behind it
20th Apr 24, 9:31am
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Technology lawyer Andrew Dentice urges more discussion on the services open banking enables, and less on the technology behind it
Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
28th Mar 24, 5:00am
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Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
5th Mar 24, 10:06am
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Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments
23rd Feb 24, 7:38am
Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments
Akahu's Josh Daniell upbeat about NZ's consumer data right legislation but wary of potential spanners in the works
21st Dec 23, 1:03pm
Akahu's Josh Daniell upbeat about NZ's consumer data right legislation but wary of potential spanners in the works
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
18th Nov 23, 9:21am
1
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
22nd Sep 23, 10:59am
2
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
[updated]
Parliamentary committee recommends NZ investigate scheme to get banks paying scam victims back
18th Aug 23, 3:32pm
Parliamentary committee recommends NZ investigate scheme to get banks paying scam victims back
Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change
11th Aug 23, 10:41am
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Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change
Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on
8th Aug 23, 9:56am
2
Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on
Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits
1st Aug 23, 9:20am
Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits
ComCom eyes regulation to boost options for making in-person payments directly between bank accounts
[updated]
Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
31st Jul 23, 10:43am
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Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
27th Jul 23, 5:58pm
15
The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
Timeline set for big banks as the slow burn of open banking in New Zealand rolls on
30th May 23, 11:02am
30
Timeline set for big banks as the slow burn of open banking in New Zealand rolls on
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
8th Mar 23, 11:59am
45
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets
7th Dec 22, 10:00am
20
Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets