New Zealand government transfers Kiwibank assets to new entity
The New Zealand government has acquired a 100% stake in Kiwi Group Holdings (KGH), which owns the consumer lender Kiwibank. The acquisition,…
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Bank of New Zealand turns to NCR for ATM services
Bank of New Zealand (BNZ) has formed a strategic partnership with US banking technology provider NCR as part of its digital transformation. The tie-up…
New Zealand imposes new sanctions targeting Russian banking system
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict New Zealand…
Mambu, Change Financial partner to offer digital banking and payment solutions
Cloud banking platform Mambu has formed a partnership with payments as a service (PaaS) provider Change Financial (Change) to offer digital banking…
New Zealand passes law requiring banks to disclose climate-related risks
The Government of New Zealand has passed a law that requires financial institutions to disclose and subsequently act on climate-related…
RBNZ plans to add climate change into stress testing
The Reserve Bank of New Zealand (RBNZ) is considering adding climate change into its stress testing for banks and insurers.…
RBNZ publishes finalised bank capital rules
Reserve Bank of New Zealand (RBNZ) has published the finalised bank capital adequacy requirements implementing the decisions made during an…
Reserve Bank of New Zealand takes TSB Bank to court over AML lapses
The Reserve Bank of New Zealand (RBNZ) has initiated legal action against TSB Bank over Anti-Money Laundering (AML) lapses. The…