Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
BNZ stalls fintech Akahu at last mile of deal
Technology

BNZ stalls fintech Akahu at last mile of deal

BNZ says it's focused on data security, but Akahu says it has met the criteria and BNZ still hasn't signed.

Ben Moore 07 Oct 2022
Finance sponsored by
First Mortgage Trust
First Mortgage Trust is an investment manager that specialises in property lending. For nearly 30 years we’ve been helping New Zealanders protect and grow their wealth.
Tower to pay $5.9m for Kiwibank's insurance portfolio
Markets

Tower to pay $5.9m for Kiwibank's insurance portfolio

No regulatory approvals are required for the transaction.

Riley Kennedy 06 Oct 2022
Pushpay signs largest software-only agreement
Markets

Pushpay signs largest software-only agreement

The payments company's share price jumped more than 5% after the announcement.

Riley Kennedy 06 Oct 2022
Banks pay back $109m to overcharged customers
Retail

Banks pay back $109m to overcharged customers

Some $150m in total has been paid in remediation to 1.5 million customers across the banking and life insurance sectors.

Riley Kennedy 06 Oct 2022