CFOtech New Zealand - Technology news for CFOs & financial decision-makers

EFTPOS stories

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Wallo Pay launches open banking push to cut NZ fees

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Auckland startup Wallo Pay launches open banking service, targeting card surcharges it says drain over USD $1 billion a year from NZ.
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Vetta Group merges multiple tech brands under single name

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New Zealand tech provider Vetta Group is unifying its brands under a single identity by 2026, aiming to streamline customer engagement.
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Banking Circle joins AP+ committee to boost fintech pay

Thu, 22nd Jan 2026
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Banking Circle wins 2026 AP+ committee seat, vowing to champion fintech needs and speed instant payment adoption across Australia.
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Westpac NZ partners with Akahu to enhance transaction details

Thu, 9th Oct 2025
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Westpac NZ teams up with fintech Akahu to offer detailed transaction info, helping customers better understand their statements and cut query calls.
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Exclusive: Enterprise Wide discusses how SAP's AI is transforming retail

Mon, 11th Aug 2025
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AI and cloud technology revolutionise retail with faster demand forecasts, reducing out-of-stocks and boosting sustainability at stores like Woolworths.
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Satellite upgrade brings better access at Waitomo sites

Fri, 18th Apr 2025
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Discover Waitomo in New Zealand's King Country has enhanced connectivity and safety with Spark's Starlink satellite internet, replacing unreliable VDSL access.
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Booster's Savvy card awarded for innovation in finance

Thu, 17th Apr 2025
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Booster's Savvy debit card, linked to an investment account, is a finalist at NZ's INFINZ Awards, gaining local and global recognition for innovation.
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RBNZ opens ESAS to fintechs, boosting AI in banking

Thu, 3rd Apr 2025
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The Reserve Bank of New Zealand has opened its Exchange Settlement Account System to fintechs, paving the way for AI innovation and enhanced banking competition.
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Booster's Savvy card finalist at Banking Tech Awards

Thu, 24th Oct 2024
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Booster's Savvy debit card has been named a finalist in two categories at the Fintech Futures 2024 Banking Tech Awards, competing against major banks.
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Kiwi consumers prefer digital payments, small businesses lag

Tue, 20th Aug 2024
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New research by Xero reveals 75% of New Zealand consumers prefer physical bank cards for in-store payments, but only 17% of small businesses offer mobile payment options.
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eftpos to roll out new anti-fraud tools to support digital economy

Thu, 25th Mar 2021
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Debit card payments provider eftpos has announced plans to introduce new anti-fraud tools for online payments in Australia.
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Australia's eftpos launches with Samsung Pay

Mon, 4th Jan 2021
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eftpos has announced that eftpos payments via Samsung Pay are now live for millions of CBA multi-network cardholders.
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Video: 10 Minute IT Jams - Who is Veeam?

Tue, 8th Dec 2020
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Veeam's senior global technologist speaks on the great shift to a digital economy and organizations' investments in digital platforms.
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Consumers can now pay with eftpos via Samsung phones

Tue, 13th Oct 2020
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Heritage Bank is the first issuer to launch the solution, which allows Samsung Pay users to make debit card payments via eftpos or the Visa network.
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DataMesh tech cuts transaction costs with least cost routing

Tue, 6th Oct 2020
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DataMesh Group has developed a capability to automatically apply least cost routing technology to Australia's debit card payment system.
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Vodafone brings xone IoT platform to Aotearoa

Tue, 8th Sep 2020
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The platform is a localised version of a solution belonging to the Vodafone Group, providing key in-country functionality to technology.
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Will COVID-19 break New Zealand's cash habit?

Tue, 31st Mar 2020
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Despite a push for card-only transactions amid COVID-19, a MYOB study reveals that over half of New Zealanders still carry cash, posing a significant challenge.
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Wearable payment options sweeping Australia

Mon, 3rd Feb 2020
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New research from Bankwest shows that having the option to pay with wearable tech is becoming more appealing than ever.
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Australian-designed 4G router delivers NBN speeds

Mon, 12th Feb 2018
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Accelerated Concepts announced it has launched an Australian-designed 4G failover router that delivers NBN speeds.
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Auckland's Paymark sold to French company for $190 million

Thu, 18th Jan 2018
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Auckland's Paymark, which processes a significant share of NZ's debit and credit card transactions, sold to France's Ingenico Group for NZD $190 million.