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Payments NZ

Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
28th Mar 24, 5:00am
4
Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
5th Mar 24, 10:06am
23
Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments
23rd Feb 24, 7:38am
Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments
Akahu's Josh Daniell upbeat about NZ's consumer data right legislation but wary of potential spanners in the works
21st Dec 23, 1:03pm
Akahu's Josh Daniell upbeat about NZ's consumer data right legislation but wary of potential spanners in the works
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
18th Nov 23, 9:21am
1
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
22nd Sep 23, 10:59am
2
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
[updated]
Parliamentary committee recommends NZ investigate scheme to get banks paying scam victims back
18th Aug 23, 3:32pm
Parliamentary committee recommends NZ investigate scheme to get banks paying scam victims back
Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change
11th Aug 23, 10:41am
4
Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change
Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on
8th Aug 23, 9:56am
2
Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on
Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits
1st Aug 23, 9:20am
Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits
[updated]
Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
31st Jul 23, 10:43am
4
Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
27th Jul 23, 5:58pm
15
The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
Timeline set for big banks as the slow burn of open banking in New Zealand rolls on
30th May 23, 11:02am
30
Timeline set for big banks as the slow burn of open banking in New Zealand rolls on
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
8th Mar 23, 11:59am
45
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets
7th Dec 22, 10:00am
20
Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets
[updated]
Cross border payments are about to get a rev up. Matt Skinner looks at what this means
10th Nov 22, 1:40pm
Cross border payments are about to get a rev up. Matt Skinner looks at what this means
[updated]
Reserve Bank Assistant Governor Karen Silk raises the possibility of cryptocurrency regulation, in part so it doesn't 'undermine our monetary sovereignty'
9th Nov 22, 5:10pm
43
Reserve Bank Assistant Governor Karen Silk raises the possibility of cryptocurrency regulation, in part so it doesn't 'undermine our monetary sovereignty'
SBS Bank, Co-operative Bank, Rabobank keen on 365-day payments move, Heartland Bank not in a hurry
16th Jun 22, 10:28am
1
SBS Bank, Co-operative Bank, Rabobank keen on 365-day payments move, Heartland Bank not in a hurry
Ten NZ banks to start offering 365-day a year payments in 2023 but real-time payments still some way down the road
15th Jun 22, 9:00am
14
Ten NZ banks to start offering 365-day a year payments in 2023 but real-time payments still some way down the road
RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection
5th May 22, 9:50am
RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection
New Zealand finally appears set for 24/7, 365 days a year retail payments
10th Feb 22, 7:14pm
New Zealand finally appears set for 24/7, 365 days a year retail payments
Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
3rd Jul 21, 9:32am
8
Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
4th Nov 20, 9:34am
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating merchant service fees
15th Oct 20, 9:42am
RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating merchant service fees
Reserve Bank's Geoff Bascand says the prudential regulator has seen 'instances and indicators of some vulnerability' in banks' payment systems
14th Oct 20, 9:48am
Reserve Bank's Geoff Bascand says the prudential regulator has seen 'instances and indicators of some vulnerability' in banks' payment systems