ME looks west for CIO 04 July 2018 4:54PM ME has appointed former Bankwest executive Matt Toohey as chief information officer, charged with overseeing the rollout of new digital distribution channels across the business. read more
Brief: Calls for RBNZ to keep OCR low or cut 04 July 2018 4:51PM Deteriorating business confidence in New Zealand has led economists from the retail banks there to call on the Reserve Bank of NZ to delay any increases in the official cash rate, or even to cut furth.. read more
AD: How Banks Can Ensure Data Privacy and Protection 04 July 2018 9:24AM Join us at the Customer Data Privacy and Protection Summit taking place on the 4 - 5 September in Melbourne to hear from 16+ thought leaders on how they are addressing customer p.. read more
Growth priority trips Rural Bank 03 July 2018 4:29PM The longest period of time the bank worked with a struggling customer was seven and a half years, Rural Bank CEO Alexandra Gartmann told Ken Hayne yesterday. "And, to some extent, you could say that w.. read more
Briefs: Â NAB welcomes ASIC action, time shift for kiwi OCR 29 June 2018 4:44PM NAB said it "welcomed" ASIC's action against one of its former financial advisers, Graeme Cowper. read more
Foreign news: JP Morgan moves into China 29 June 2018 4:42PM Following China's relaxation of the rules for foreign financial players, JPMorgan Chase & Co said it is growing the headcount of its China-focused business and reorganizing its investment banking.. read more
NZ Government may cap lending rates and fees 28 June 2018 4:51PM Following a review of the Credit Contracts and Consumer Finance Act, New Zealand's new Labour-led government has released a discussion paper outlining plans to tighten up consumer lending regulation. read more
Foreign news: Milking captive current account customers 28 June 2018 4:49PM A review by the UK's Financial Conduct Authority has revealed just how much a small percentage of account holders repeatedly paying high overdraft fees subsidise free current accounts for other bank c.. read more
A faster price, not a better price 27 June 2018 5:05PM Day two of the fourth round of the banking royal commission, covering agribusiness lending, saw ANZ's head of lending services, Benjamin Steinberg, kept in the witness box all day. read more
Veiled warning to kiwi payments sector 27 June 2018 5:02PM In a speech to the Payments NZ conference, New Zealand's Minister of Commerce and Consumer Affairs Kris Faafoi has told the payments sector that progress must be made on innovation and open banking. read more