Tagged: new zealand

SME Online Lender Ranqx Appoints Former JPMorgan Executive as Chairman

Online lender Ranqx has appointed John Horner as Chairman of the firm. Horner was previously JPMorgan Chase CIO and Treasurer. He is currently Managing Partner at MoVi, a network dedicated to learning and innovation that advises, incubates, and invests in early-stage firms. Ranqx is based in… Read More

Card Payments in New Zealand to Increase at 5% CAGR between 2022 and 2026: Report

The New Zealand payment card market is expected to “gradually recover” from the COVID-19 pandemic to register a compound annual growth rate (CAGR) of 5.0% “between 2022 and 2026 and reach NZ$98.0 billion ($67.1 billion) in 2026,” forecasts GlobalData, a data and analytics company. According… Read More

Bank of New Zealand Introduces SoftPOS App

Bank of New Zealand (BNZ) has introduced BNZ Pay, which is described as a mobile app for retailers that transforms an Android device into a contactless payment terminal. Created with assistance from Visa and Quest Payment Systems, BNZ Pay is being rolled out with no… Read More

Ranqx Expands Into North America to Tackle SME Credit and Lending Market

Ranqx, a digital lender based in New Zealand, says it has expanded into North America to “fix” the SME credit and lending market. Ranqx says that following its success in the APAC region, it aims to address the small business lending market by providing banks,… Read More

Digital Transformation: ANZ New Zealand to Transition to FIS Modern Banking Platform

ANZ Bank New Zealand Ltd has selected financial technology platform FIS (NYSE: FIS) to enhance its core banking capabilities. ANZ New Zealand will be “the first bank outside the U.S. to utilize FIS’ Modern Banking Platform, which is deployed on Microsoft Azure.” FIS’ Modern Banking… Read More

NCR Corporation Provides Services to Support Bank of New Zealand’s ATM Network

NCR Corporation (NYSE: NCR), an enterprise technology provider, announced a strategic relationship with the Bank of New Zealand (BNZ), one of the largest banks in the country. Through its NCR ATM as a Service solution, NCR will “run the bank’s ATM fleet as part of… Read More

Aerotruth Signs Lulu Financial, Samsara Remit to B2B Document Mgmt Platform

Aerotruth, an Australian and New Zealand startup established by former WorldRemit executives, has signed up LuLu Financial Holdings and Samsara Remit as marquee clients for its online platform developed to simplify and enhance the partner B2B onboarding process for Fintech firms, banking institutions and other… Read More

Huobi Gains Regulatory Approval in New Zealand, Dubai

Huobi Group, an operator of a crypto exchange, says it has received regulatory approval in two new jurisdictions: Dubai and New Zealand. In Dubai, Huobi obtained a DIFC Innovation License. In New Zealand, Huobi has been added to the Financial Services Provider Register. Huobi said these… Read More

ANZ Introduces Paid Gender Affirmation Leave for Australia, New Zealand Professionals

ANZ recently announced its Australian and New Zealand based employees who are affirming their gender will be able “to access six weeks of paid leave, and up to 12 months’ unpaid leave.” The newly created Gender Affirmation Leave will support staff as they “undergo any… Read More

BNPL Fintech Laybuy Appoints Risk Management Professional Jamie Byles as Chief Risk Officer

New Zealand’s Buy Now Pay Later (BNPL) service provider Laybuy recently revealed that it has appointed risk management professional Jamie Byles as its Chief Risk Officer (CRO). In this position, which is reportedly a part of Laybuy’s senior leadership team and based in London, Jamie… Read More

Credit Assessment Platform Uplinq and Ranqx to Accelerate Digital Lending to SMBs

Uplinq, the global credit assessment platform for small and medium sized business lenders, strengthens its global reach with Ranqx, a digital SMB loan origination, decisioning and monitoring platform “for lenders and banks.” With the help of Uplinq’s advanced technology, New Zealand based Ranqx will be… Read More

ePayments Teams Up with Alchemy Pay for Australian, New Zealand Crypto Payments

Fiat-crypto payments provider, Alchemy Pay (ACH), has teamed up with merchant payment provider, ePayments, in order to provide cryptocurrency payments and services in New Zealand and Australia. ePayments will integrate with Alchemy Pay “to provide to their merchants with crypto payment acceptance, as well as… Read More

MogoPlus Chooses TrueLayer for Open Banking Data Access in Australia via Consumer Data Right

MogoPlus, the international “experts” in bank transaction data insights, will reportedly work with TrueLayer, a key player in open banking, to “access financial data using Australia’s Consumer Data Right (CDR).” As mentioned in an update shared with CI, MogoPlus is in “the process of becoming… Read More

Open Banking Fintech Bud Launches Business Operations in Australia

Open Banking Fintech firm Bud has confirmed its Australian market debut after obtaining accreditation from the Australian Competition and Consumer Commission in order to offer a range of Open Banking services. The Fintech firm, named an international player in Open Banking intermediary services in Forrester’s… Read More

Digital Transformation: Bank of Queensland Continues Tech Modernization with Move to Cloud-enabled Debit Card Management from Fiserv

Bank of Queensland (BOQ) is bringing an improved set of capabilities to debit card holders as part of the banking institution’s extensive digital offering. With the migration of its debit cards to the FirstVision platform from Fiserv, Inc. (NASDAQ: FISV), a provider of payments and… Read More

Aussie Digital Asset Fund DNA Tracker Fund Has Successful 2021

Australian digital asset vehicle DNA Tracker Fund has recorded a 184.35 per cent net return on investment over the nine months since its inception Dec. 1, 2020, the company said this week. DNA Tracker provides Australian and New Zealand wholesale investors with access to a diversified… Read More

Digital Lending Platform Trade Ledger Teams Up with ScotPac to Create Origination and Underwriting Solutions

Trade Ledger, an international digital lending platform, has teamed up with ScotPac, Australia and New Zealand’s biggest non-bank SME lender, in order to develop an origination and underwriting experience for business funding. As mentioned in a release, the partnership demonstrates the scope of the Trade… Read More

BNPL Fintech Laybuy Reports 200% Growth in Active Customers, $32.6M in Total Group Income, Up 137% YoY

Gary Rohloff, Co-Founder and Managing Director at New Zealand’s Laybuy, a Buy Now, Pay Later or BNPL Fintech, notes that last week, they released their FY21 annual report – which is the first since listing on the Australia Stock Exchange (ASX) in 2020. Gary writes… Read More

New Zealand BNPL Fintech Laybuy Introduces All-Digital Buy Now Pay Later Card in the UK

New Zealand based Buy Now, Pay Later Fintech firm Laybuy is introducing its all-digital BNPL card in the United Kingdom, allowing clients to carry out in-store purchases with just a tap of their smartphones. Clients will be able to load the payment card into their… Read More

New Zealand’s BNPL Fintech Laybuy to Further Expand UK Operations After Securing A$35M

New Zealand’s Buy Now, Pay Later (BNPL) Fintech Laybuy has acquired A$35m in capital in order to expand business operations into the UK markets. Laybuy‘s latest investment round has come as part of a private placement and will be used to make additional investments into… Read More

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