Bank of New Zealand (BNZ) has taken another critical step toward open banking—better described as open data—becoming the first bank in New Zealand to meet a major milestone set by Payments NZ.

WELLINGTON (Reuters) - The New Zealand central bank's operating budget will be cut by roughly 25% in the coming fiscal year and set at roughly NZ$150 million ($88.50 million) for each of the next ...

By Lucy Craymer WELLINGTON (Reuters) -New Zealand's central bank cut its benchmark rate by 25 basis points to 3.25% and flagged a slightly deeper easing cycle than it forecast three months ago ...

WELLINGTON, Aug 20 (Reuters) - New Zealand’s four largest lenders do not face strong competition in the personal banking sector and the government should make it easier for new entrants, the ...

The Reserve Bank of New Zealand is considering launching a central bank digital currency (CBDC). This episode explores why and how it could work. A digital version of the New Zealand dollar would ...

NZ Central Bank Cuts Rates 50bps, ... FILE PHOTO: A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017.

New Zealand's Finance Minister Nicola Willis announced a significant cut to the central bank's operating budget, reducing it by roughly 25% to NZ$150 million annually for the next five years. This ...