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The Reserve Bank of New Zealand is tendering to replace its two major payment and settlement systems that handle over NZ$30 billion of transactions daily. The current systems were originally developed.. read more

Ratings agency Moody's Investors Service has warned that a slump in milk prices since February is negative for New Zealand banks, given the Big Four banks have up to ten per cent of their loans expose.. read more

The Reserve Bank of New Zealand has downplayed talk that it will have to increase the use of its Macro-Prudential tool kit to cool a resurgent Auckland housing market. read more

Digital identity was nominated by the Financial Services Inquiry as one area where it was not only possible that technology could be harnessed effectively through public-private sector collaboration,.. read more

ANZ New Zealand has settled an investigation into mis-selling of swaps agreements to farmers and has agreed to pay NZ$18.5 million into a compensation fund. read more

The initial build and development phases of the New Payments Platform will not be labour-intensive, according to senior executives of the successful vendor, SWIFT. read more

New Zealand's largest equipment and vehicle financier, UDC Finance, has reported a 20 per cent increase in annual net profit after growing lending strongly into the forestry, construction and new car.. read more

The Reserve Bank of New Zealand has unveiled designs for its colourful new banknotes, aimed at foiling counterfeiters. The banknotes feature the same flora, fauna and famous New Zealanders that appear.. read more

Despite speculation that its 'speed limit' on high LVR lending could be eased before Christmas, the Reserve Bank of New Zealand surprised many in political and banking circles on Wednesday by saying t.. read more

The Reserve Bank of New Zealand has announced plans for a fundamental review of its decade-old policy preventing major banks from outsourcing their core systems beyond New Zealand. read more