New Zealand wants to outlaw cryptocurrency ATMs and place limits on overseas cash transfers. Nicole McKee, the country’s associate justice minister, announced these plans Wednesday (July 9) as the government works on overhauling its anti-money laundering (AML) and countering terrorism financing (CFT) program. “This government is serious...
Integrated payments and commerce technology firm Shift4 agreed to acquire Australian payments processor Smartpay. The $180 million deal is designed to deepen Shift4’s presence in Australia and New Zealand, Shift4 CEO Taylor Lauber said in a Sunday (June 22) news release. “By combining our payment...
Australia-based buy now, pay later (BNPL) provider Zip said Tuesday (Feb. 25) that demand from consumers and merchants drove its growth in the most recent half. The company’s growth was especially strong in the United States, where it aims to serve consumers who are unable...
New Zealand’s Commerce Commission has proposed reducing the fees the country’s businesses pay for accepting Mastercard and Visa payments. The Commission issued its draft decision Wednesday (Dec. 18) and is seeking feedback on it from consumers and businesses by Feb. 18, 2025, it said in...
January 19, 2026
With U.S.-based companies like Visa, Mastercard, Microsoft and AWS leading the Prompt Economy’s development, it’s understandable to see agentic AI from a Western lens. But it’s not an inclusive one. The rest of the world — especially the Middle East — is taking notice. In fact, a Jan. 15 article published by the World Economic […]
October 25, 2019
New Zealand is a country that can be easy to overlook when it comes to FinTech. But the story of how payments are evolving there can offer lessons for the...
July 09, 2025
New Zealand wants to outlaw cryptocurrency ATMs and place limits on overseas cash transfers. Nicole McKee, the country’s associate justice minister, announced these plans Wednesday (July 9) as the government works on overhauling its anti-money laundering (AML) and countering terrorism financing (CFT) program. “This government is serious about targeting criminals, not tying up legitimate businesses in unnecessary […]
June 23, 2025
Integrated payments and commerce technology firm Shift4 agreed to acquire Australian payments processor Smartpay. The $180 million deal is designed to deepen Shift4’s presence in Australia and New Zealand, Shift4...
February 25, 2025
Australia-based buy now, pay later (BNPL) provider Zip said Tuesday (Feb. 25) that demand from consumers and merchants drove its growth in the most recent half. The company’s growth was...
December 18, 2024
New Zealand’s Commerce Commission has proposed reducing the fees the country’s businesses pay for accepting Mastercard and Visa payments. The Commission issued its draft decision Wednesday (Dec. 18) and is...