eCommerceNews New Zealand - Technology news for digital commerce decision-makers
New Zealand

Lending Stories

Kiwi Stories

Lending stories

New Zealand households cut spending as confidence falls
Data Science

New Zealand households cut spending as confidence falls

Falling confidence is pushing households to trim discretionary purchases, with 65% cutting non-essential spending as essentials stay dear.

By Karen Joy Bacudo • 4 min read • Last month
New Zealand urged to boost transparency in data use
Data Protection

New Zealand urged to boost transparency in data use

Wider adoption of AI tools is prompting calls for plain-language data rules that give New Zealanders more control over personal information.

By Sean Mitchell • 4 min read • Last month

Global Stories

Lending stories

SlateWorks wins ABBYY hackathon with mortgage AI tool
Manufacturing

SlateWorks wins ABBYY hackathon with mortgage AI tool

Mortgage lenders could soon automate file checks more quickly as SlateWorks' award-winning AI targets compliance-heavy reviews still done manually.

By Sofiah Nichole Salivio • 4 min read • 4 days ago
Why Southeast Asia is becoming a global fintech growth hub
Data Protection

Why Southeast Asia is becoming a global fintech growth hub

Rapid digital adoption and tighter regulatory frameworks are turning the region into a proving ground for new financial services models.

By Alexander Naumov • 4 min read • Last week
EU AI Act pushes firms towards stronger governance
Data Protection

EU AI Act pushes firms towards stronger governance

New transparency rules will force customer-facing AI tools to disclose themselves, while banks and SMBs face tougher oversight of models and data.

By Sofiah Nichole Salivio • 6 min read • Last week
Eltropy to showcase AI focus at autumn credit union events
Unified Communications

Eltropy to showcase AI focus at autumn credit union events

Credit unions face rising pressure to modernise service and cut manual work, with AI now moving into lending, collections and contact centres.

By Joseph Gabriel Lagonsin • 4 min read • Last week
TBC Bank Group buys majority stake in OLX Uzbekistan
Fintech

TBC Bank Group buys majority stake in OLX Uzbekistan

It gives TBC Bank a profitable online marketplace in Uzbekistan, reaching 5 million monthly users and opening new payment and lending opportunities.

By Sofiah Nichole Salivio • 4 min read • Last month
SBS launches AI foundation for banks on existing systems
Software-as-a-Service

SBS launches AI foundation for banks on existing systems

The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.

By Karen Joy Bacudo • 3 min read • Last month

Stories from Other Regions

Lending stories

Paylink appoints new Senior Leaders as business evolves platform
Software-as-a-Service

Paylink appoints new Senior Leaders as business evolves platform

The Grantham-based affordability technology provider is expanding beyond its Embark platform as it targets more clients and stronger customer support.

By Mark Tarre • 4 min read • Last week
Eltropy summit to gather credit union leaders in Monterey
Digital Transformation

Eltropy summit to gather credit union leaders in Monterey

More than 90 credit union and community bank executives will discuss economy, AI and growth at Eltropy's invitation-only summit in Monterey.

By Karen Joy Bacudo • 3 min read • Last month
Revolut launches Australian bank after licence win
Digital Transformation

Revolut launches Australian bank after licence win

Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.

By Karen Joy Bacudo • 4 min read • Last month
Lumin Digital raises USD $115 million in new capital
Software-as-a-Service

Lumin Digital raises USD $115 million in new capital

Backers including clients boosted the bank software provider's war chest to fund AI, payments and lending development as valuation hit USD $1.6 billion.

By Karen Joy Bacudo • 4 min read • Last month
Australians cut spending & lean on credit as costs bite
Data Analytics

Australians cut spending & lean on credit as costs bite

Household finances are under growing strain as more Australians dip into savings, cut discretionary spending and lean on credit for essentials.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Canadians know credit scores but struggle to improve
Fintech

Canadians know credit scores but struggle to improve

Many Canadians are delaying home purchases and other major decisions as awareness of credit scores fails to translate into action.

By Joseph Gabriel Lagonsin • 4 min read • Last month
FCA review says AI will reshape retail finance by 2030
Data Protection

FCA review says AI will reshape retail finance by 2030

About 11 million UK adults could use autonomous AI for money management, raising fresh concerns over fraud, control and market concentration.

By Karen Joy Bacudo • 5 min read • Last month
Klarna seeks U.S. banking licence for Utah industrial bank
Fintech

Klarna seeks U.S. banking licence for Utah industrial bank

Approval would let the fintech bring U.S. payments, savings and credit operations in-house, reducing reliance on partner banks.

By Karen Joy Bacudo • 4 min read • Last month
Goodbuy raises USD $1 million from credit union investors
Fintech

Goodbuy raises USD $1 million from credit union investors

The funding gives the Boise-based marketplace a stronger foothold in credit union small-business banking as it becomes a CUSO.

By Sofiah Nichole Salivio • 4 min read • Last month