Reserve Bank of New Zealand (RBNZ) stories - Page 1
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.