BNPL
Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight
20th Dec 24, 5:00am
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Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight
[updated]
Buy now, pay later the most common first-time path to credit/debt
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls
19th Sep 24, 11:35am
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls
[updated]
Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
9th Sep 24, 5:00pm
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Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business
7th Sep 24, 9:25am
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Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business
Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year
3rd Sep 24, 5:00am
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Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year
[updated]
After a false start, Swedish BNPL giant Klarna buys Laybuy which will be resurrected
21st Aug 24, 2:34pm
After a false start, Swedish BNPL giant Klarna buys Laybuy which will be resurrected
[updated]
Employees of failed BNPL lender Laybuy may miss out on money owed and holiday pay, despite being preferential creditors
17th Jul 24, 11:15am
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Employees of failed BNPL lender Laybuy may miss out on money owed and holiday pay, despite being preferential creditors
Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
15th Jul 24, 2:16pm
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Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
Centrix says all sectors have seen liquidations rise, with retail trade companies experiencing the largest increase annually followed by the property/rental and transportation sectors
2nd Jul 24, 6:58am
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Centrix says all sectors have seen liquidations rise, with retail trade companies experiencing the largest increase annually followed by the property/rental and transportation sectors
Kiwibank exposed to the tune of $30 million as Laybuy goes under having failed to find buyer
17th Jun 24, 4:05pm
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Kiwibank exposed to the tune of $30 million as Laybuy goes under having failed to find buyer
[updated]
Buy now pay later provider Laybuy suspends services and payments; not a security issue, founder says
14th Jun 24, 2:43pm
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Buy now pay later provider Laybuy suspends services and payments; not a security issue, founder says
Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll
11th Jun 24, 11:36am
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Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll
Single Visa payments card can switch between debit, credit - and buy now, pay later
16th May 24, 12:22pm
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Single Visa payments card can switch between debit, credit - and buy now, pay later
Centrix says as consumer arrears climb, the flow on effect continues to impact Kiwi businesses. Overall business defaults were up 28% year-on-year in January 2024, while company liquidations were up 16% over the same period
5th Mar 24, 5:00am
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Centrix says as consumer arrears climb, the flow on effect continues to impact Kiwi businesses. Overall business defaults were up 28% year-on-year in January 2024, while company liquidations were up 16% over the same period
Commerce & Consumer Affairs Minister Andrew Bayly says banking probe could look at encouraging more lending to 'productive' sectors instead of housing
19th Feb 24, 10:10am
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Commerce & Consumer Affairs Minister Andrew Bayly says banking probe could look at encouraging more lending to 'productive' sectors instead of housing
Bank for International Settlements fires BNPL warning shot across the bow of those tasked with maintaining financial stability
8th Dec 23, 4:07pm
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Bank for International Settlements fires BNPL warning shot across the bow of those tasked with maintaining financial stability
If it looks like debt, let’s treat it like debt. Why ‘buy now, pay later’ schemes need firmer regulation in NZ
8th Sep 23, 9:30am
If it looks like debt, let’s treat it like debt. Why ‘buy now, pay later’ schemes need firmer regulation in NZ
Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
1st Sep 23, 5:00am
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Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
Consumer NZ says being unable to save is now the reality for many New Zealanders
24th Aug 23, 11:23am
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Consumer NZ says being unable to save is now the reality for many New Zealanders
[updated]
Gareth Vaughan on BNPL & private equity woes, Australia's China-induced wine glut, globalisation's demise in the Ruhr, AI, Y2K & technology doomsaying repeating
16th Aug 23, 10:00am
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Gareth Vaughan on BNPL & private equity woes, Australia's China-induced wine glut, globalisation's demise in the Ruhr, AI, Y2K & technology doomsaying repeating
Government set to gut loan affordability rules in CCCFA review to make sure people can borrow when they have good credit
9th Aug 23, 5:12pm
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Government set to gut loan affordability rules in CCCFA review to make sure people can borrow when they have good credit
Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending
8th Aug 23, 7:17pm
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Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending
Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending
4th Jul 23, 5:00am
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Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending
Sharp rise in number of people getting behind on buy now lay later payments as overall consumer arrears climb
2nd May 23, 5:00am
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Sharp rise in number of people getting behind on buy now lay later payments as overall consumer arrears climb