RBNZ creates Banking Forum 27 August 2014 3:57PM The Reserve Bank of New Zealand has announced the creation of a Banking Forum to coordinate the work of Government agencies regulating banks read more
NZ's Paymark plans online EFTPOS 20 August 2014 3:46PM New Zealand's bank-owned payments processor Paymark has announced plans to launch an online version of EFTPOS that would allow bank customers to use a digital token to buy online or through a mobile p.. read more
Westpac NZ, BNZ set for class action 18 August 2014 4:04PM The Fair Play on Fees Campaign announced it would lodge court documents in the Auckland High Court on Wednesday to start legal action against Westpac New Zealand and National Australia Bank's BNZ over.. read more
ASB sacrifices home loan share 14 August 2014 4:23PM Commonwealth Bank of Australia's New Zealand unit ASB has reported an 11 per cent increase in annual cash net profit thanks to an improvement in net interest margin and continued cost control. read more
Westpac NZ CEO resigns after heart operation 13 August 2014 3:42PM Westpac New Zealand chief executive Peter Clare has resigned from the bank after an operation to correct a pre-existing heart condition. The surprise departure has opened up a plum role in Australasia.. read more
RBNZ hikes, pauses and warns on NZD 25 July 2014 3:53PM The Reserve Bank of New Zealand has tightened monetary policy for the fourth time in five months, lifting its Official Cash Rate 25 basis points to 3.5 per cent, its highest point since January 2009. read more
Reserve Bank NZD sell-off a possibility 25 July 2014 3:52PM The Reserve Bank of New Zealand's commentary accompanying its rate hike fired up speculation it could intervene to push the New Zealand dollar lower. read more
RBNZ details prudential review 23 July 2014 3:33PM The Reserve Bank of New Zealand has given more detail on a planned one-year review of its prudential regulation for banks and non-banks, including a look at how efficient its rules are after a swathe.. read more
Westpac NZ trials HCE payments 23 July 2014 3:31PM Westpac New Zealand has announced it will trial mobile payments on Android phones using host card emulation technology. read more
China Construction Bank receives an NZ banking licence 16 July 2014 3:58PM The Reserve Bank of New Zealand has registered China Construction Bank as a bank in New Zealand, making it the second of China's major banks to register in New Zealand. Industrial and Commercial Bank.. read more