new zealand

New Zealand’s Commerce Commission Proposes Cutting Merchant Card Fees
New Zealand’s Commerce Commission Proposes Cutting Merchant Card Fees
December 18, 2024  |  Regulation

New Zealand’s Commerce Commission has proposed reducing the fees the country’s businesses pay for accepting Mastercard and Visa payments. The Commission issued its draft decision...

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Revolut Aims to Become New Zealand’s First Global Digital Bank
Revolut Aims to Become New Zealand’s First Global Digital Bank
December 09, 2024  |  Digital Banking

Revolut’s ongoing expansion efforts have the U.K. FinTech focused on New Zealand. While Revolut already provides services to customers in the island nation, it now...

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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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