Finzsoft blocked from quitting credit unions contract over Christmas

Finzsoft blocked from quitting credit unions contract over Christmas
Victoria Young
Credit unions infrastructure provider Co-op Money turned to the courts after its mobile app provider Finzsoft Solutions said it would pull the plug on services at short notice. As a result Finzsoft was ordered to keep providing services to Co-op Money after a judge feared some 10,000 customers would be left in the lurch over Christmas. Co-op Money is the trading name for the New Zealand Association of Credit Unions, which as well as providing infrastructure, acts as the credit unions’ lobby group.It has had a contract with listed fint...

More Law & Regulation

FMA powers up to regulate lenders as ComCom tags out
Law & Regulation

FMA powers up to regulate lenders as ComCom tags out

Are new powers for FMA on-site inspections without notice or warrant extreme or useful?

Most Du Val investors unlikely to get anything
Property

Most Du Val investors unlikely to get anything

The statutory manager has released its latest report into the failed property group.

Maria Slade 16 Sep 2025
New structure, powers for ComCom
Markets

New structure, powers for ComCom

Groceries, aviation, building supplies, digital services carparking all get a mention.

Pattrick Smellie 16 Sep 2025
Agribusiness NCEA removal will 'impact economy'
Law & Regulation

Agribusiness NCEA removal will 'impact economy'

Meanwhile, accountants are pleased at the reinstatement of the subject at Level 1.

Chido Machingura 16 Sep 2025