fees
NZ-owned banks again top Consumer NZ's customer satisfaction survey with Westpac & ANZ bringing up the rear
13th Apr 22, 10:08am
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NZ-owned banks again top Consumer NZ's customer satisfaction survey with Westpac & ANZ bringing up the rear
New Zealand's rating drops in Morningstar analysis on fees and expenses for managed funds, with a risk of 'falling behind global peers'
31st Mar 22, 5:36pm
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New Zealand's rating drops in Morningstar analysis on fees and expenses for managed funds, with a risk of 'falling behind global peers'
Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
17th Mar 22, 5:00am
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Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
Morningstar says by focusing heavily on fees, the Government's review of KiwiSaver default fund providers didn't try to attract the funds performing best over the long-term
15th Dec 21, 11:22am
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Morningstar says by focusing heavily on fees, the Government's review of KiwiSaver default fund providers didn't try to attract the funds performing best over the long-term
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
30th Nov 21, 10:29am
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In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
9th Nov 21, 6:35pm
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Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
Heavy Covid infringement hikes will most likely fall the people most unable to pay – those for whom lockdowns have probably already been financially ruinous
4th Oct 21, 10:35am
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Heavy Covid infringement hikes will most likely fall the people most unable to pay – those for whom lockdowns have probably already been financially ruinous
Some 263,000 people set to have their savings shifted to a new KiwiSaver scheme under the new default provider arrangements
29th Sep 21, 2:54pm
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Some 263,000 people set to have their savings shifted to a new KiwiSaver scheme under the new default provider arrangements
Class action filed against ANZ and ASB alleging they failed to refund some 150k customers millions of dollars they weren't allowed to take or keep
29th Sep 21, 2:52pm
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Class action filed against ANZ and ASB alleging they failed to refund some 150k customers millions of dollars they weren't allowed to take or keep
Bank for International Settlements pushes central banks to get cracking with central bank digital currencies as Moody's warns they could be a credit negative for banks
13th Sep 21, 3:30pm
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Bank for International Settlements pushes central banks to get cracking with central bank digital currencies as Moody's warns they could be a credit negative for banks
John Kavanagh of Australia's Banking Day argues it's time to regulate the buy now, pay later sector
7th Sep 21, 8:12am
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John Kavanagh of Australia's Banking Day argues it's time to regulate the buy now, pay later sector
Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
1st Sep 21, 11:25am
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Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards
17th Aug 21, 10:08am
Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards
Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business
15th Jul 21, 10:04am
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Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business
Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses
12th May 21, 9:05am
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Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses
FMA expects some investment fund fees to fall, as it releases guidance on how fund managers need to make the case they're providing value for money
14th Apr 21, 7:30am
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FMA expects some investment fund fees to fall, as it releases guidance on how fund managers need to make the case they're providing value for money
Buy now pay later service provider Afterpay prepares banking app as ASB's parent Commonwealth Bank of Australia readies buy now pay later service
19th Mar 21, 9:24am
Buy now pay later service provider Afterpay prepares banking app as ASB's parent Commonwealth Bank of Australia readies buy now pay later service
Australian financial services industry rolls out Code of Practice for buy now pay later sector designed to stave off government regulation
2nd Mar 21, 8:48am
Australian financial services industry rolls out Code of Practice for buy now pay later sector designed to stave off government regulation
Having advocated for it earlier this year, Gareth Vaughan is encouraged to see the Government proposing merchant service fee regulation, but calls for bolder action
12th Dec 20, 9:16am
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Having advocated for it earlier this year, Gareth Vaughan is encouraged to see the Government proposing merchant service fee regulation, but calls for bolder action
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
15th Sep 20, 5:00am
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
Labour pledges 'regulation of the price' as it eyes introduction of merchant service fee regulation in New Zealand, should it be returned to government in the October 17 election
9th Sep 20, 4:08pm
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Labour pledges 'regulation of the price' as it eyes introduction of merchant service fee regulation in New Zealand, should it be returned to government in the October 17 election
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
6th Aug 20, 9:34am
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers
26th Jun 20, 11:51am
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Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers
Labour's government support partners would back regulation of retail payments as part of moves to stimulate the economy after the crushing impact of the COVID-19 pandemic
26th Apr 20, 7:31am
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Labour's government support partners would back regulation of retail payments as part of moves to stimulate the economy after the crushing impact of the COVID-19 pandemic
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
8th Apr 20, 10:00am
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In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
