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New Zealand competition regulator The Commerce Commission has received a clearance application from payments terminals provider Verifone New Zealand to acquire the assets used by Smartpay Holdings and its subsidiaries to operate the Smartpay business in New Zealand.

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Online banking services at the Commonwealth Bank, which were hit by an outage on Thursday, are returning to normal, the bank says in a statement issued early Friday morning, adding that the appearance of some payments in accounts may be delayed.

Thursday, 17 October 2019 18:06

CommBank online banking services hit by outage

Online banking services at the Commonwealth Bank have come a-cropper, with the bank saying it is "working urgently to restore impacted services". Some branches were forced to close as a result of the outage.

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