new zealand

New Zealand Probes Lack of Banking Competition
New Zealand Probes Lack of Banking Competition
June 12, 2024  |  Banking

New Zealand is reportedly examining competition in the banking sector. As Reuters reported Wednesday (June 12), the decision to investigate the industry follows a draft report earlier...

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NZ Central Bank Head: ‘Stablecoins Are Not Stable’
NZ Central Bank Head: ‘Stablecoins Are Not Stable’
February 12, 2024  |  Cryptocurrency

The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital...

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Revolut Launches in New Zealand With Waitlist of 26,000
Revolut Launches in New Zealand With Waitlist of 26,000
July 03, 2023  |  Digital Banking

British financial app Revolut has launched in New Zealand. Customers in the country can now use the app to access foreign currency exchange, peer-to-peer payments,...

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FinTech Revolut Eyes Japanese Expansion
FinTech Revolut Eyes Japanese Expansion
November 29, 2022  |  Digital-First Banking

British FinTech startup Revolut is looking at Asia to continue its rapid growth.  Revolut has 25 million customers — primarily in Europe — and aims to...

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New Zealand Bets on Open Banking to Offer More Consumer Choices
New Zealand Bets on Open Banking to Offer More Consumer Choices
November 10, 2022  |  Banking

New Zealand is joining countries around the world in embracing opening banking, saying Thursday (Nov. 10) the sector will be the first to adopt its...

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New Zealand Creates Protections for BNPL Users
New Zealand Creates Protections for BNPL Users
November 02, 2022  |  BNPL

New Zealand has joined a growing list of nations creating regulations to protect consumers taking part in the country’s $1.7 billion buy now, pay later...

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A Primer on Asia-Pacific Stablecoin Regulations
A Primer on Asia-Pacific Stablecoin Regulations
August 24, 2022  |  Cryptocurrency

Stablecoin regulations vary widely in the Asia-Pacific region, ranging from Japan’s requirement that they get issued by banks to Thailand’s outright ban on crypto payments...

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Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
June 29, 2022  |  Technology

In today’s FinTech news, Aussie FinTech Airwallex is moving into New Zealand with its multi-currency digital wallets, while Aussie bank Volt hands back its license....

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Airwallex Streamlines Invoice Payments with Expanded Xero Collaboration
Airwallex Streamlines Invoice Payments with Expanded Xero Collaboration
June 07, 2022  |  Partnerships

Payments platform Airwallex is moving forward with business invoice finance innovation by expanding and extending its long-term partnership with accounting software firm Xero through payment...

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