Briefs: VetPay gets a Shonky, new Heartland director, Kiwi banks asked to take long term view, NZ DT 03 November 2022 6:11AM Consumer group Choice announced its annual Shonky Awards yesterday, highlighting poor product and service quality. Among the recipients was VetPay, a quick access loan product targeted at pet owners l.. read more
RBNZ tests out ugly but survivable scenario for NZ banks 01 November 2022 6:11AM New Zealand’s banks, including the Big Four’s subsidiaries, are “well placed to withstand a stagflation scenario of high inflation and low or negative economic growth”, according to the RBNZ. But it w.. read more
Briefs: Suncorp launches carbon insights account, Laybuy cuts funding 31 October 2022 5:55AM Suncorp Bank has launched a transaction account with “carbon insights”. read more
Briefs: Closing date for RBA review submissions looms, Mambu links with big cloud services 26 October 2022 4:03AM The Review of the Reserve Bank of Australia sent out a reminder yesterday that the closing date for submissions is October 31. read more
Briefs: Latitude chair extends term, new Genworth director, Cash Converters buys NZ business 24 October 2022 5:30AM Latitude Group chair Mike Tilley, who intended to retire in April, has extended his term until the end of next year. read more
Briefs: CBA hybrid issue raises 18bn, new ACCC deputy chair, Collection House sale to Credit Corp fi 21 October 2022 5:07AM Commonwealth Bank has allocated A$1.77 billion of its latest hybrid issue, PERLS XV, on a firm basis and set the margin at 2.85 per cent over the three-month bank bill swap rate. read more
Briefs: Former ASIC deputy joins BNK, Westpac opens fraud prevention centre 19 October 2022 6:13AM Former ASIC deputy chair Daniel Crennan has joined the board of BNK Banking Corp. read more
Briefs: Broker faces 74 charges, FSA chair retires 18 October 2022 5:57AM Loan broker Trevor William King of Sydney is facing 74 charges of making false documents. read more
Briefs: Invoice Finance Group gets UK backer, Money3 to change name 17 October 2022 5:56AM UK finance company WeDo Business Services has taken a stake in local company Invoice Finance Group. read more
Briefs: Money3 boost NZ funding, MoneyMe to prioritise returns 13 October 2022 5:38AM Automotive finance specialist Money3 has secured a NZ$250 million warehouse facility for its New Zealand business, Go Car Finance. read more