Long build for AMP SME bank 15 April 2024 7:01AM AMP will take until early 2025 to roll out AMP Bank’s new digital small business proposition. read more
Maslow (nowhere near) a 200 bagger 12 April 2024 7:56AM Maslow is not only a pre-revenue fintech, it is pre-product and pre-build and one conceived, so far, on audacious idealism and high convictions that this really is one start-up that will change the wo.. read more
Kiwibank IPO likely 10 April 2024 7:23AM An IPO for a 49 per cent stake in Kiwibank and an NZX listing is on the cards. read more
Experian buying illion 09 April 2024 4:07AM Major banks have entered into a joint venture with Experian to buy illion, reducing the ranks of credit bureaus to three. read more
SME tax debts escalate 05 April 2024 7:22AM That old small business working capital standby of deferring paying business tax obligations is, predictably, becoming more popular. read more
ES balances to fall even faster as RBA adapts monetary policy implementation 03 April 2024 7:53AM Exchange Settlement balances held by banks with the Reserve Bank of Australia are poised to slump to little more than $200 billion as banks repay their Term Funding Facilities by the middle of the yea.. read more
Armourguard buys NZ CIT competitor 02 April 2024 3:43AM Armourguard, the dominant supplier of cash-in-transit services in New Zealand, is on the cusp of establishing its own monopoly. read more
Canadian-style RMBS scheme floated, again 28 March 2024 3:40AM Banks may be encouraged to pilot 'tracker mortgages' if the government takes up a proposal from the House of Representatives Economics Committee. read more
Majors ‘chronically underinvested’ in core systems 26 March 2024 6:53AM Why would any big bank stir discord within the oligopoly of which all four are members? In New Zealand (and Australia too) grabs for market share shifts within the big four are not merely frowned upon.. read more
Banks play a longer game on cash 25 March 2024 4:35AM Banks, reportedly, are investigating a couple of drastic options to solve the mess they helped create by backing the merger of cash-in-transit operators Armaguard and Prosegur last year. One brainwave.. read more