Fintechs
Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?
15th Mar 25, 9:34am
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Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?
Parliamentary banking competition probe hearings getting back under way
28th Jan 25, 6:41am
Parliamentary banking competition probe hearings getting back under way
Bell Gully's Richard Massey & Ravi Maharaj provide an update on the Consumer Data Right following a key Select Committee report
21st Jan 25, 9:46am
Bell Gully's Richard Massey & Ravi Maharaj provide an update on the Consumer Data Right following a key Select Committee report
[updated]
Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers
18th Dec 24, 6:55am
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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
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Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week
[updated]
Fintechs could be stymied by costly and differing access to open banking application programming interfaces
10th Dec 24, 12:43pm
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Fintechs could be stymied by costly and differing access to open banking application programming interfaces
Revolut says RBNZ banking registration would see it launch interest-bearing savings products, and a wide range of credit products
6th Dec 24, 5:30am
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Revolut says RBNZ banking registration would see it launch interest-bearing savings products, and a wide range of credit products
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
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
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Wise says costly bank fees are hindering international growth for NZ’s small businesses, with hidden FX charges a key issue
Whilst the push for greater bank competition is good news, it may also come with increased risk
28th Oct 24, 6:00am
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Whilst the push for greater bank competition is good news, it may also come with increased risk
[updated]
Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role
26th Sep 24, 1:06pm
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Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role
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
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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
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
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'
RBNZ says higher operating costs a bigger competition challenge for small banks than regulatory capital settings
24th Apr 24, 12:18pm
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RBNZ says higher operating costs a bigger competition challenge for small banks than regulatory capital settings
Fintech startup Emerge wants to 'fix' banking in New Zealand, starting with SMEs before launching into consumer banking
9th Apr 24, 10:40am
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Fintech startup Emerge wants to 'fix' banking in New Zealand, starting with SMEs before launching into consumer banking
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
[updated]
Gareth Vaughan highlights how in its draft recommendations to bolster retail banking competition, the Commerce Commission is muscling in on the Reserve Bank's turf and seeking market intervention from a 3-headed government
21st Mar 24, 1:44pm
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Gareth Vaughan highlights how in its draft recommendations to bolster retail banking competition, the Commerce Commission is muscling in on the Reserve Bank's turf and seeking market intervention from a 3-headed government
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
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Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
Fintech Revolut says banking market study shows why it's launching in New Zealand
3rd Jul 23, 5:00am
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Fintech Revolut says banking market study shows why it's launching in New Zealand
Gareth Vaughan is encouraged to see 4 key issues featuring in the banking competition probe, but wary and sees an elephant in the room
21st Jun 23, 10:14am
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Gareth Vaughan is encouraged to see 4 key issues featuring in the banking competition probe, but wary and sees an elephant in the room
[updated]
Cross border payments are about to get a rev up. Matt Skinner looks at what this means
10th Nov 22, 1:40pm
Cross border payments are about to get a rev up. Matt Skinner looks at what this means
Finance company Thorn Financial Services merging with Limelight Software to seek growth by 'providing a native digital financing option' as Limelight Group
24th Mar 22, 10:45am
Finance company Thorn Financial Services merging with Limelight Software to seek growth by 'providing a native digital financing option' as Limelight Group
McKinsey's annual global banking review questions whether there's 'a bright and smooth future' ahead for banks and their shareholders
7th Dec 21, 8:45am
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McKinsey's annual global banking review questions whether there's 'a bright and smooth future' ahead for banks and their shareholders
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
14th Jun 19, 4:46pm
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says