TechDay New Zealand - Aotearoa's technology news network

Reserve Bank of New Zealand (RBNZ) stories

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New Zealand fintech Debut eyes first local AI-based open bank
Wed, 28th Aug 2024
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fintech
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ai
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payment technologies
New Zealand's fintech Debut is set to become the first locally-owned bank tailored for AI and open banking, aiming to dismantle financial barriers.
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Here comes crypto: The three stages of disruption
Mon, 22nd Jul 2024
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smartphones
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cryptocurrency
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blockchain
Cryptocurrencies are reshaping finance much like Netflix transformed home entertainment, with traditional institutions facing a critical decision: adapt or risk obsolescence.
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The biggest cyber-attacks of 2021 in New Zealand
Tue, 5th Oct 2021
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ddos
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healthtech
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microsoft
Cyber attacks have surged in New Zealand, hitting organisations of all sizes across various sectors, raising concerns about data security.
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Reserve Bank welcomes submissions on future of New Zealand's money
Thu, 30th Sep 2021
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cryptocurrency
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blockchain
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rbnz
The Reserve Bank of New Zealand is seeking public input on the future of money, including the possibility of a central bank digital currency.
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Privacy Commissioner issues compliance notice to Reserve Bank following 2020 cyber attack
Wed, 15th Sep 2021
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breach prevention
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cybersecurity
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data breach
Privacy Commissioner issues compliance notice to Reserve Bank of New Zealand for breaching Privacy Act after cyber attack on third-party file sharing service.
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UPDATED: RBNZ ascribes data breach to third-party file sharing service
Mon, 11th Jan 2021
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breach prevention
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risk & compliance
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cybersecurity
Reserve Bank of New Zealand hit by data breach, compromising 'commercially and personally sensitive' information. Urgent investigation underway.
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Knosys signs contract with ANZ Bank to migrate its data
Thu, 11th Jun 2020
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rbnz
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anz bank
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knosys
Knosys has secured a NZD $840,000 contract with ANZ Bank New Zealand to migrate its data, complying with local regulatory standards, boosting its market value.
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Merchant choice routing: A process to significant savings for businesses
Wed, 20th May 2020
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martech
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commerce systems
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payment technologies
Australian businesses could slash payment acceptance costs by over 40% using merchant choice routing, a process endorsed by the Reserve Bank of Australia.
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NZ emerging as top fintech hub across Asia Pacific
Fri, 13th Dec 2019
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fintech
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rbnz
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fintechnz
New Zealand has emerged as one of the fastest-growing fintech hubs in the Asia Pacific region, according to the Global Fintech Index 2020.
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Cryptocurrency conundrum: Reserve Bank & IR fumble in the dark
Mon, 26th Aug 2019
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cryptocurrency
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blockchain
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facebook
Whether it's cryptocurrency salaries or a central digital currency, no agency is quite sure how to tackle this upcoming payment trend.
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Experts warning SMEs against borrowing against the family home
Wed, 14th Aug 2019
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rbnz
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onehq
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sme
OneHQ warns SMEs to be cautious about using family homes as collateral for loans, despite cheaper interest rates and a struggling banking system.
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Reserve Bank says 'not now' to the idea of official digital currency
Thu, 28th Jun 2018
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cryptocurrency
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blockchain
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rbnz
Reserve Bank says it won't issue a digital currency for now, but may do so in the future, as digital payments and cryptocurrencies grow in popularity.
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Reserve Bank keeps watchful eye on security; steers away from prescriptive rules
Mon, 24th Jul 2017
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risk & compliance
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cybersecurity
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law
The Reserve Bank is letting the finance sector, regulators and other authorities steer their own course through cyber issues and security.
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NZ house prices rise 8% in March, led by a 13% jump in Auckland
Tue, 14th Apr 2015
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housing
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rbnz
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demand
New Zealand residential property prices rose in March, led by Auckland where housing supply isn't meeting demand, putting pressure on the market.
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NZ dollar falls after US data suggests labour market less weak
Wed, 8th Apr 2015
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rbnz
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new zealand dollar
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payroll
The New Zealand dollar fell after US economic data including job openings suggested the labour market in the world's biggest economy isn't as weak as.
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RBA keeps key rate at 2.25%, kiwi dollar retreats
Tue, 7th Apr 2015
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rbnz
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australian dollar
The Reserve Bank of Australia held its cash rate unchanged at a record low, surprising market participants who had been betting on a further cut and d.
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NZ building consents fall for a third month in February
Tue, 31st Mar 2015
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rbnz
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property market
New Zealand residential building consents declined for a third month in February, as the pace of new home building slowed.
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Inflation target at 2% risks overheated economy, says BNZ
Fri, 27th Mar 2015
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bnz
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rbnz
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new zealand dollar
Targeting 2 percent annual inflation could force the Reserve Bank of New Zealand to cut interest rates too sharply and overheat the economy, says Bank.
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New Zealand's commercial property lending less risky now due to lower debt funding
Thu, 26th Mar 2015
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rbnz
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institutional investors
The Reserve Bank said New Zealand's $180 billion commercial property sector has become less risky since the global financial crisis because a reduced.
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NZ dollar hits new record against Aussie, stoking parity speculation
Tue, 24th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.