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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.

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.

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