Foreign news: China's online finance gaming rules, investment banking's resurgence, StanChart going 12 June 2018 5:05PM The Leading Group on Internet Finance Risk, in charge of monitoring risks in China's internet finance industry, has called for increased supervision over businesses trying to skirt online lending regu.. read more
Briefs: ASIC bans NAB adviser for taking clients' funds, possible banking levy in NZ, G&C Mutual giv 08 June 2018 4:26PM ASIC has permanently banned Max Kiattisak Eung (also known as Kiattisak Eungpongpan), a former NAB financial adviser, from providing financial services and engaging in credit activities. read more
Foreign news: Fintech sidesteps EU's open banking barriers 08 June 2018 4:25PM Open banking platform provider Token.io has claimed first mover bragging rights, stating that it was the first licensed payment initiation service provider to conduct an end-to-end payment through a p.. read more
Briefs: Cape to merge with Community First, HSBC goes very low in NZ, big day for RBNZ 07 June 2018 4:47PM A special general meeting of Cape Credit Union on 30 May, saw 97 per cent of members who voted supporting the board's recommendation to merge with Community First Credit Union. read more
Foreign news: Italian banks in blockchain pilot 07 June 2018 4:45PM The Italian Banking Association has opened a pilot project, using R3's blockchain-based Corda platform, to bring more visibility to interbank transactions. read more
Briefs: Fitch positive on mortgage arrears, big payouts from banks say super funds, dairy farmers so 06 June 2018 4:45PM Fitch Ratings reports that Australia's 30-plus day mortgage arrears increased by 12 basis points to 1.13 per cent in 1Q18, compared to the previous quarter. read more
Foreign news: US consumer debt on the rise, HK's red carpet for neobanks, robots try to pop China's 06 June 2018 4:41PM Consumer debt in America has been steadily rising since 2012 and is slated to reach a new high of US$4 trillion by the end of 2018. read more
Briefs: KiwiBuild may be exempt from LVRs, ANU benefits as Ripple pumps US$50m into blockchain resea 05 June 2018 4:43PM The governor of the Reserve Bank of New Zealand has mooted exempting homes built under the government's KiwiBuild scheme from LVR restrictions. read more
Foreign News: CYBG alters offer for Virgin 05 June 2018 4:40PM NAB spin-off Clydesdale and Yorkshire banking group has upped its offer for Virgin Money, hoping to succeed in a merger that would create Britain's sixth largest bank. read more
AD: Chatbots - Lessons Learned from Heritage bank 05 June 2018 8:36AM Ahead of the Chatbots Summit 2018, Julie Boulton, Former RPA Developer Lead at Heritage Bank shares insight into Heritage Bank's bots journey to date and how to successfully develop and deploy new b.. read more