NZ sets sail for retail CBDC, by 2030 19 April 2024 7:53AM New Zealand is dreaming of a ‘digital cash’ version of the NZD currency. The only form of money “backed by the government and available to the public” is the promise. But the public isn’t being told a.. read more
Bank branch closure inquiry wraps 17 April 2024 3:16AM A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more
Insolvencies run hot all over 17 April 2024 3:14AM In certain industries insolvency risks are soaring – but not in the industries a casual observer might expect, the March 2024 CreditorWatch Business Risk Index reveals. read more
RedZed steps out on risk 17 April 2024 3:11AM A human-centric credit process will remain a hallmark of RedZed’s business as it shifts its risk appetite toward much higher value lends. read more
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