Briefs: NZ ministry opposed comprehensive licensing 25 October 2018 5:24PM A regulatory assessment reveals the New Zealand business ministry strongly opposed the introduction of a comprehensive creditor licensing regime, similar to that operating in Australia, on the grounds.. read more
Correction: New Indue chair 24 October 2018 6:24PM Robin Burns will be the new chair of payments processor Indue. read more
Open banking an opportunity, not a burden 24 October 2018 5:38PM In the age of open banking, the big banks need to drastically rethink their digital strategies and look to join forces with smaller, innovative players, the Sibos conference heard. read more
Fintech splash favours few 24 October 2018 5:36PM The investor rush to play along with the presumed champions of fintech disruption is flooding the favoured firms with cash, converting the interlopers into a new establishment. read more
Brief: RBNZ consults on disclosure changes 24 October 2018 5:33PM The Reserve Bank of New Zealand intends to tweak its disclosure requirements for banks. read more
Cash Converters admits to 600% interest 23 October 2018 5:24PM Cash Converters will cough up A$17 million - or three quarters of its 2018 net profit - to resolve one component of a class action being heard in the Federal Court of Australia. read more
Elliott foresees a 'bionic bank' 23 October 2018 5:21PM New revenue streams and simpler banking models were on the mind of ANZ CEO Shayne Elliott yesterday, as he welcomed 7000 delegates to the Sibos carnivale in Sydney. read more
SWIFT toasts 50m NPP buddies 23 October 2018 5:19PM Paul Lahiff, the chair of NPP Australia is leaving for a new job in banking, and celebrating - at Sibos - scrappy data on the take-up of PayID's and the number and value of Osko payments. read more
Debelle mulls OTT journalism for Walkleys 23 October 2018 5:15PM Citizens "need to be informed" of the bleakest forecasts that haunt capital markets "but not bombarded with them" Guy Debelle, deputy governor of the RBA said yesterday at a journalists union function.. read more
AD: Customer Advocacy and Complaints Resolution Summit 23 October 2018 5:15PM Two spearheads of customer advocacy in banking - Gabrielle Dracopoulos from Citibank, and Ryan Kassel, from Commonwealth Bank Australia - headline this summit, held on November 27-28, in Sydney. Each.. read more