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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

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

Up to 80 per cent of the homes built under the New Zealand government's KiwiBuild affordable homes scheme may be prefabs, and banks operating in the market need to work on how they will finance purcha.. read more

A report from the European Union into central bank-backed digital currencies says they could pave the way for a more stable financial system - by disrupting the banking system. read more

A survey by First Union in New Zealand of 600 BNZ, Westpac and ANZ staff found that 87 per cent felt under pressure to sell product to customers, and half said the pressure had increased over the past.. read more

In a major victory for credit card companies, the US Supreme Court has ruled that American Express can block merchants from steering customers to use cheaper credit card payments methods. read more

Banks in New Zealand have been told they will be getting on-site visits by the Financial Markets Authority and Reserve Bank New Zealand. read more

Lender and debt collector Credit Corp Group has halted trading on the ASX after a report accused it of using legal loopholes to avoid having its Wallet Wizard business classed as a payday lender. read more

The former chief executive of Anglo Irish Bank, David Drumm, has received a six-year prison sentence after his conviction for fraud and false accounting at Ireland's failed lender. read more

Cases such as the now settled Austrac case against CBA have so battered the group's share price that it's highly unlikely any CBA senior execs will get any benefit this year under the bank's Group L.. read more