Payments NZ stories
Wise urges New Zealand MPs to end NZD $667m FX fee losses
Tue, 22nd Jul 2025
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payments nz
Wise urges New Zealand MPs to end NZD $667m annual losses from hidden foreign exchange fees by enforcing transparency in bank currency conversion costs.
Open banking in New Zealand advances with NZD $13.77m spent
Thu, 19th Jun 2025
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payments nz
New Zealand's open banking has advanced with NZD $13.77m spent over six years, delivering API standards adopted by major banks covering 80% of accounts.
Open banking boosted in New Zealand as major banks upgrade API
Fri, 30th May 2025
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payments nz
New Zealand's four largest banks have upgraded to Payment Initiation API v2.3, enabling flexible payments and lasting customer consent for open banking.
Open Banking in Australia sees rapid growth in consumer adoption
Tue, 25th Jun 2024
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payments nz
The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.
The Consumer Data Right and what it could mean for Aotearoa's data privacy
Wed, 16th Feb 2022
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payments nz
New Zealand's Consumer Data Right (CDR) aims to empower consumers by enabling secure data sharing with third parties, promoting financial wellbeing and privacy.
COVID-19: Contactless payment limit increased to $200
Thu, 9th Apr 2020
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payments nz
New Zealand has increased the contactless payment limit from NZD $80 to NZD $200 to curb COVID-19 spread, rolling out changes over the next few weeks.
Kiwis slow to jump on eWallet bandwagon
Fri, 11th Oct 2019
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payments nz
New Zealanders are lagging in eWallet adoption with only 16% of online purchases using them, compared to the global average of 37%, an FIS report reveals.
Museum analytics startup Dexibit wins top prize in Fintech Innovation Challenge
Tue, 15th Nov 2016
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payments nz
Dexibit has come out on top at the Fintech Innovation Challenge, walking away with a $5000 cash prize and business mentoring opportunities.
Five reasons you should attend The Point 2016
Thu, 20th Oct 2016
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payments nz
On 8 & 9 November, Auckland will host financial services & payments professionals, Kiwi fintech startups & international experts at The Point 2016.
The Point 2016 – an A to Z of digital disruption in payments
Tue, 6th Sep 2016
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payments nz
Find out how the payments industry is being disrupted at The Point 2016, New Zealand’s only industry-wide payments conference.
Calling all fintech startups – get in front of key players, potential partners and investors
Mon, 15th Aug 2016
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payments nz
If you’re part of a fintech startup with the potential to transform the financial services industry, then Payments NZ wants to help you.
RBNZ seeks stronger regulatory oversight of payment systems
Tue, 11th Nov 2014
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payments nz
The Reserve Bank wants stronger oversight of the nation's payment systems, with a particularly focus on managing risks from the global infrastructu.