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The Commerce Commission has issued an Open Letter to participants of New Zealand’s retail payment system setting its expectations of the industry to deliver a more competitive environment that can give Kiwis new options to pay for goods and services. ...
A review of things you need to know before you sign off on Thursday; BNZ trims mortgage rates, trade deficit falls, credit cards out of favour, inflation expectations stinger, poverty progress?, swaps firm, NZD firm, & more
More price transparency, KYC and digital verification, and tackling debanking will go a long way to reducing costs, say Jack Pinczewski and Jonathan Capal.
When the Australian Parliament sits tomorrow for its first session of the year it will have three important financial services bills to consider – one making changes to the Reserve Bank, one introducing a national shared equity scheme and one expanding the Consumer Data Right.
Australian organisations are more focused on preventing data breaches, despite customer concern being more focused on privacy.