payments
[updated]
Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers
18th Dec 24, 6:55am
6
Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers
Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week
12th Dec 24, 5:00am
17
Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week
Most survey respondents told the central bank they saw no need for digital cash and were worried about it being used to track private transactions
10th Dec 24, 12:55pm
87
Most survey respondents told the central bank they saw no need for digital cash and were worried about it being used to track private transactions
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
10th Dec 24, 5:00am
7
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
Jay L. Zagorsky argues the way to control your spending this holiday season is to stick with cash
5th Dec 24, 10:49am
3
Jay L. Zagorsky argues the way to control your spending this holiday season is to stick with cash
Commerce Commission Chairman John Small says 'cordial discussion' with CEO of a bank 'recalcitrant' on open banking proved fruitful
4th Dec 24, 10:32am
5
Commerce Commission Chairman John Small says 'cordial discussion' with CEO of a bank 'recalcitrant' on open banking proved fruitful
Wise says costly bank fees are hindering international growth for NZ’s small businesses, with hidden FX charges a key issue
29th Nov 24, 5:00am
4
Wise says costly bank fees are hindering international growth for NZ’s small businesses, with hidden FX charges a key issue
Big four banks meet deadline for easier customer sharing of account info with fintechs
29th Nov 24, 5:00am
4
Big four banks meet deadline for easier customer sharing of account info with fintechs
Banks launch confirmation of payee service, which is to be rolled out between now and Easter
28th Nov 24, 2:24pm
14
Banks launch confirmation of payee service, which is to be rolled out between now and Easter
[updated]
Tap to Pay from Apple now available in New Zealand. It lets merchants accept contactless payments on their iPhones; Worldline, Stripe, ANZ and Adyen offer the service
21st Nov 24, 3:46pm
7
Tap to Pay from Apple now available in New Zealand. It lets merchants accept contactless payments on their iPhones; Worldline, Stripe, ANZ and Adyen offer the service
The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
20th Nov 24, 1:00pm
7
The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
20th Nov 24, 7:42am
1
Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
[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
Banks face competition from smaller businesses focused on specific niches and global tech behemoths, ASB bosses say
13th Nov 24, 12:47pm
13
Banks face competition from smaller businesses focused on specific niches and global tech behemoths, ASB bosses say
Sharesies co-CEO says the wealth platform has no plans to apply for banking license after announcing it will be joining forces with Mastercard in 2025 to offer a new payments system to Sharesies customers
5th Nov 24, 9:21am
1
Sharesies co-CEO says the wealth platform has no plans to apply for banking license after announcing it will be joining forces with Mastercard in 2025 to offer a new payments system to Sharesies customers
Compatible with all major banks, and with low merchant fees, BNZ's Payap promises a simpler, low-cost payments system linked to users' bank accounts
29th Oct 24, 12:59pm
10
Compatible with all major banks, and with low merchant fees, BNZ's Payap promises a simpler, low-cost payments system linked to users' bank accounts
Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition
9th Oct 24, 9:17am
Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition
Xero sees 81% spike in late payment costs for NZ small businesses between 2021 and 2023, says big corporations aren’t making prompt payments
3rd Oct 24, 5:00am
3
Xero sees 81% spike in late payment costs for NZ small businesses between 2021 and 2023, says big corporations aren’t making prompt payments
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
Reserve Bank of Australia watching RBNZ's CBDC approach with interest, but yet to find a strong case study to support a CBDC for retail use
19th Sep 24, 9:29am
Reserve Bank of Australia watching RBNZ's CBDC approach with interest, but yet to find a strong case study to support a CBDC for retail use
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
14
Commerce Commission backs away from recommending shake-up to banks' regulatory capital requirements in final banking competition report
New Zealand has a chance to learn from other countries on consumer data right, ASB CEO Vittoria Shortt says
16th Aug 24, 9:53am
New Zealand has a chance to learn from other countries on consumer data right, ASB CEO Vittoria Shortt says
As the Commerce Commission mulls cutting the fees it costs businesses, and ultimately consumers, for accepting Visa & Mastercard cards, Gareth Vaughan looks at how the payments behemoths operate in NZ
16th Aug 24, 5:00am
23
As the Commerce Commission mulls cutting the fees it costs businesses, and ultimately consumers, for accepting Visa & Mastercard cards, Gareth Vaughan looks at how the payments behemoths operate in NZ
CrowdStrike: the massive companies you’ve never heard of with a hidden grip on our lives
25th Jul 24, 10:34am
3
CrowdStrike: the massive companies you’ve never heard of with a hidden grip on our lives