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Regulators to pilot cyber program
The Council of Financial Regulators is ready to roll out a pilot program to tackle cybersecurity risks as it continues its focus on...
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Card fraud continues downward trend
The group industry effort to address credit card fraud continues to be paying off with card fraud falling 15.4 per cent despite the...
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NAB makes another RBS hire
National Australia Bank has hired a former Royal Bank of Scotland executive as chief operating officer as the bank finalises its...
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APRA steps up on contingency planning amid small bank concerns
The prudential regulator will include recovery planning in its supervisory risk modelling following a “thematic review” of the...
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BNPL fintech raises $21 million
Limepay has raised $21 million ahead of its IPO raise, bringing the fintech’s total funding to nearly $30 million since its initial...
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ASIC and APRA take bank action
ASIC has begun civil action against the Commonwealth Bank while APRA taken enforcement action against Westpac over breaches of...
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Big banks struggle with credit growth despite housing boom
Industry data has revealed a solid uptick in housing commitments, but this has not translated into credit growth for the big banks...
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Loan deferrals fall from highs
APRA’s latest data has revealed that home loan deferrals have fallen from their highs a few months ago.
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How Kiwis are tackling financial literacy in schools
A partnership between a financial education company and Kiwibank is successfully educating the next generation of New Zealanders,...
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