Lending caps approach use-by date 24 October 2017 5:39PM The lending caps imposed by APRA on the banking sector may be reaching a time where they "are no longer needed," APRA chief Wayne Byres told a mutual banking conference yesterday. read more
Foreign News: Pay with Google goes live, RBS under fire again, Merrill Lynch fined, ex-HSBC currency 24 October 2017 5:29PM Google has launched its Google Payment API, as promised in May, allowing android phone users to pay in app or online using saved credit or debit cards. read more
Briefs: Payment fraud jumps, new head for Macquarie Atlas Roads 23 October 2017 4:59PM For every US$100 in payment card and ATM volume worldwide, 7.15¢ was fraudulent in 2016, up from 6.97¢ per US$100 in 2015. read more
New Government means probable changes ahead for RBNZ 20 October 2017 5:55PM The surprise creation last night of new centre-left Government in New Zealand is expected to lead to changes to the Reserve Bank Act that sees the inclusion of full employment in its mandate alongside.. read more
Briefs: Common language errors among borrowers, RBNZ consults on insurance, Kiwibank mandate announc 20 October 2017 5:50PM Market research has highlighted an opportunity cost for borrowers who don't know what features they have available with their home loans. read more
Foreign news: Instant payments builds in Eurozone, AmEx chief steps down 20 October 2017 5:48PM European clearing industry players put any lingering irritation with the ECB to one side during the final day of Sibos, the annual banktech expo, to come together and extol the virtues of instant paym.. read more
Brief: Key appointment for ANZ, ACCC lines up for Big Four 19 October 2017 5:29PM Retiring ANZ New Zealand Chairman John Judge is to be replaced by former prime minister Sir John Key. read more
Foreign news: ATM hacking for dummies, US banks revive growth plans 19 October 2017 5:26PM A Kaspersky researcher says a kit designed to empty ATMs is for sale on the darknet. read more
eftpos pairs up with Apple Pay 18 October 2017 6:19PM ANZ Access Card customers will now be able to make in-store eftpos purchases using their iphone or Apple Watch. read more
FMA gives go-ahead for roboadvice in NZ 18 October 2017 6:16PM The Financial Markets Authority of New Zealand is going ahead with an exemption to the laws covering financial advisers that will clear the way for "personalised robo-advice", although firms will have.. read more