Banking & Finance News
Latest news and updates on Banking & Finance from AXL Media.
Latest Articles
- The Digital Divide: Why Simple Banking Remains a Luxury in Cuba
Published: May 1, 2026
Section: Banking & Finance
For citizens in Cuba, the transition to digital banking via applications like Transfermóvil has become a significant hurdle due to persistent infrastructure failures. Despite gover...
- ANZ Debuts "ANZ Loop" Automatic Cashback Programme
Published: May 1, 2026
Section: Banking & Finance
ANZ New Zealand has launched a new rewards initiative, ANZ Loop, designed to give customers automatic cashback on purchases from a range of major retailers. Unlike traditional poin...
- ANZ Reports $1.26b Half-Year Profit Amid "Competitive Market"
Published: May 1, 2026
Section: Banking & Finance
New Zealand’s largest bank, ANZ, has posted a steady half-year net profit of $1.26 billion for the six months ended March 2026. While the bank saw an increase in revenue and net in...
- New Zealand Records Worst March for Liquidations Since 2015
Published: May 1, 2026
Section: Banking & Finance
New Zealand's business sector is facing a wave of insolvencies, with March 2026 marking the highest number of liquidations for that month in over a decade. Data from credit firm Ce...
- Apple Surpasses Wall Street Forecasts Amid Leadership Transition
Published: May 1, 2026
Section: Banking & Finance
Apple has reported second-quarter fiscal results that comfortably beat analyst expectations, fueled by robust services revenue and the successful launch of the student-focused MacB...
- Business Confidence Slumps into Negative Territory Amid "Perfect Storm"
Published: May 1, 2026
Section: Banking & Finance
New Zealand’s business sector is facing a "precipitous fall" in confidence as firms grapple with a combination of softening demand and surging costs. According to the ANZ Business...
- Reserve Bank of New Zealand to End Voting Anonymity in Major Transparency Overhaul
Published: Apr 30, 2026
Section: Banking & Finance
In a significant departure from historical precedent, the Reserve Bank of New Zealand (RBNZ) will begin disclosing how individual members of its Monetary Policy Committee (MPC) vot...
- Supply Chain Shocks and Rising Interest Rates Threaten New Zealand Economic Recovery
Published: Apr 30, 2026
Section: Banking & Finance
While 2026 was anticipated to be a period of financial stabilization, New Zealand households are instead navigating a complex landscape of rising essential costs. Driven by geopoli...
- Postbank Imposes Final August Deadline for SASSA Beneficiaries to Migrate to New Black Cards
Published: Apr 30, 2026
Section: Africa
Postbank has officially set August 31, 2026, as the final cut,off date for SASSA beneficiaries to replace their expiring gold cards with the new Postbank black cards. Beneficiaries...
- New Zealand Moves to Slash International Transfer Fees with Cross Party Legislative Support
Published: Apr 30, 2026
Section: Banking & Finance
New Zealand lawmakers have advanced a member’s bill designed to lower the cost of overseas money transfers by mandating fee transparency and fair conduct policies for banks. The le...
- China Demotes Top Financial Regulator Li Yunze Amid Widening Industry Corruption Crackdown
Published: Apr 29, 2026
Section: Banking & Finance
Li Yunze, the head of China’s National Financial Regulatory Administration, has been removed from his post and demoted following suspected disciplinary violations. The move targets...
- New Data Reveals Growing Divide in New Zealand Household Living Costs
Published: Apr 29, 2026
Section: Banking & Finance
New figures from Stats NZ for the March 2026 quarter highlight a widening economic divide in Aotearoa. While the average increase in household living costs sat at 2.1 percent annua...