BNZ, ANZ, ASB and Westpac have joined with local banks Kiwibank and TSB in agreeing with the New Zealand government to hold off closing regional bank branches for 12 months while a trial into shared regional banking hubs is run. read more
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Tyro, has claimed its “Tap & Save” least-cost routing process has allowed its merchant customers to shave A$1.5 million off their payments processing fees at the expense of Mastercard and Visa. read more
Asking the right questions but rarely answering them, Kenneth Hayne's interim report for his royal commission is a blend of populist scorn for, mixed with a sturdy defence of, a rattled banking industry. read more