Yesterday afternoon ASB advised that it has divested its Kiwisaver funds from Motorola Solutions, Inc.

By Amnesty International Aotearoa New Zealand
1,012 views

Farmers are feeling more satisfied with their bank and under less pressure, but the sector remains well short of confidence levels seen last decade, Federated Farmers' latest banking survey shows.

By Federated Farmers
1,056 views

Banking Ombudsman Scheme chair Miriam Dean will retire this month after 12 years in the role.

By Banking Ombudsman Scheme
990 views

Federated Farmers says changes to bank capital settings will save farmers some money, but don't go anywhere near far enough to make a meaningful difference or unlock economic growth.

By Federated Farmers
768 views

The Co-operative Bank today welcomed the Reserve Bank of New Zealand's final decisions on its review of key capital settings, noting that the changes will help strengthen competition for the benefit of New Zealand banking customers.

By The Co-operative Bank
435 views

By ACT New Zealand
166 views

New Zealand could soon have instant money transfers, with BlinkPay today announcing it has developed the country’s first open banking-enabled real-time payments capability and is seeking banking industry partners to implement the technology at scale.

By BNZ
1,214 views

The Co-operative Bank has announced a major investment in its future, selecting UK-based 10x Banking, a leading customer-centric core banking provider, to lead the replacement of its core banking system.

By The Co-operative Bank
558 views

BusinessNZ says scrapping surcharges on card payments is a step in the right direction for consumers, and for businesses that issue the cards.

By Business NZ
5,459 views

From May 2026, New Zealanders will be able to tap their card or phone without being charged those pesky, excessive and sometimes hidden surcharges.  An amendment to the Retail Payment System Act will put an end to excessive, hidden and unavoidable surcharges, which cost New Zealanders an estimated $65 million a year.

By Consumer NZ
5,919 views

The government’s announcement today that it will ban payment surcharges could save New Zealand consumers up to $150 million annually – and BNZ’s Payap app, launching to consumers next month, offers businesses a way to thrive under the changes by cutting their payment acceptance costs.

By BNZ
5,671 views

The Campaign Against Foreign Control of Aotearoa (CAFCA) says the big Australian-owned banks that dominate NZ’s economy continue to enjoy a ‘heads we win, tails you lose’ relationship with Kiwi consumers.

By CAFCA
611 views

The Co-operative Bank says it is delighted to win the Consumer People’s Choice Award for banking.

By The Co-operative Bank
569 views

ASB is on a hiring drive to recruit 80 additional home ownership specialists as it prepares for a surge in home loan applications.

By ASB
520 views

The Banking Ombudsman Scheme is adding another director to its board and at the same time replacing two departing directors.

By Banking Ombudsman Scheme
648 views

The Banking Ombudsman Scheme has welcomed today’s announcement by banks that they will crack down on scams.

By Banking Ombudsman Scheme
656 views

New research conducted by Te Herenga Waka-Victoria University of Wellington finds that taking simple steps to enable ex-prisoners to open bank accounts would assist them in accessing housing, employment, and benefits, which would reduce the risk of re-offending.

By FinCap
754 views

From streaming services to gym memberships, keeping track of subscriptions and recurring payments can be a challenge.

By BNZ
746 views

Kiwi banks and their overseas parent companies need to follow the lead of America’s six biggest banks and urgently withdraw from the Net Zero Banking Alliance, Federated Farmers say.

By Federated Farmers of New Zealand
1,784 views

BNZ’s dirty laundry was publicly aired yesterday as members of Parliament’s banking inquiry grilled the bank’s CEO and chair on some of their more unsavoury lending practices.

By Federated Farmers of New Zealand
1,853 views

Federated Farmers have submitted a formal complaint to the Commerce Commission, requesting an urgent investigation into the lending practices of New Zealand banks.

By Federated Farmers of New Zealand
1,775 views

Revolut, the global financial technology company with more than 50 million customers worldwide, today announced that it has submitted its application to become a registered bank in New Zealand.

By Revolut
3,154 views