New ZealandRSS

Kiwibank puts core banking tech overhaul under “strategic review”, writes off NZ$90 million

Fintech in New Zealand

Kiwibank, New Zealand’s fifth largest bank, is conducting a “strategic review” of its implementation of SAP’s core banking and payment software – a large-scale project known as CoreMod.

Aotearoa Credit Union goes live on Oracle FSS Flexcube core banking system

aotearoa credit union new zealand

Aotearoa Credit Union (ACU), a Māori financial institution in New Zealand, has implemented Oracle FSS’s Flexcube core banking system. ACU, started by the MUMA (Manukau Urban Māori Authority) 28 years ago, is the first Māori financial institution to launch a “tier one” banking platform for its 15,000 members. ACU branches are located in South Auckland […]

Credit Union Australia pivots with Pivotus Ventures’ digital banking

Australia flag

Credit Union Australia (CUA) has joined a group of banking providers, becoming the exclusive Australia and New Zealand partner of Pivotus Ventures. The deal – which also includes the UK’s Nationwide Building Society, US bank Umpqua and the Netherlands’ De Volksbank – will let CUA develop new digital banking opportunities. The ideas are being developed […]

Heartland Bank live with new core banking system, Flexcube from Oracle FSS

Heartland Bank revamps core banking tech

New Zealand-based Heartland Bank has gone live with its new core banking system, Oracle FSS’s Flexcube.

Kiwibank’s SAP core banking system overhaul faces delays and budget increase

Kiwibank perseveres with tech revamp

New Zealand-based Kiwibank is progressing with its SAP core banking system overhaul but the project is running behind schedule and the costs are on the rise.

New Zealand preps for new credit union law

Fintech in New Zealand

A new law in New Zealand is being readied with plans to bring in more innovation and accountability to credit unions. Called the Friendly Societies and Credit Unions (Regulatory Improvements) Amendment Bill, the new legislation will update the law for credit unions and their associations. It has been read for the first time in Parliament. […]

SBS Bank in major digital revamp with Sandstone Technology

SBS Bank logo

New Zealand-based SBS Bank is rolling out a new “end-to-end” digital banking platform supplied by Sandstone Technology.

Voice biometrics take ANZ higher for mobile payments

ANZ-logo

Australia and New Zealand-based banking group, ANZ, has announced it will be the first Australian bank to introduce voice biometrics on mobile devices to allow higher value transactions. From the middle of this year, customers transferring more than $1,000 through ANZ’s mobile apps will be able to use their voice to automatically authorise high value […]

TSB Bank automates loan origination with Cloudcase

New Plymouth, New Zealand, home of TSB Bank

TSB Bank in New Zealand is rolling out a new lending solution from Australia-based fintech start-up Cloudcase.

New Zealand announces new fintech working group

Fintech in New Zealand

The New Zealand Tech Industry Association (NZTech) is launching a new working group, FinTechNZ, which will focus on financial innovation and technology. This working group will be inaugurated in Christchurch, Wellington and Auckland next week.

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