finPOWER News
finPOWER 5.07.39 Released
The lastest version of finPOWER was released on 23rd March 2012.
PPSR Update January 2012
2012 is here and the PPS Register is to go live in the very near future.
finPOWER Connect PPSR Update October 2011
The When, Why and What of the PPSR and how to ease your your PPSR pains.
finPOWER Newsletter 6 September 2011
We have released a number of new modules recently for finPOWER Connect. These help round out the product offering for the system to a complete Loan management system for the modern finance company.
finPOWER Connect PPSR Update August 2011
The Personal Property Securities Act 2009 is a law about security interests in personal property. It creates the Personal Property Security Register (PPSR) where all Security Interests will need to registered.
finPOWER Connect PPSR Update July 2011
The PPSR (Personal Property Security Register) is an Australian Government initiative to reform Securities legislation as we know it. These reforms look to standardise and rationalise all the different Commonwealth.
finPOWER Connect Web Interface released
The finPOWER Connect Web Interface and Client Connect Web Portal have been updated and now include improved examples of the functionality these web based modules offer.
Australian PPS Update
Development is progressing well on the finPOWER Connect Interface to the Australian PPSR.
finPOWER Newsletter 19 April 2011
Last week saw the finPOWER Connect Roadshow in action with Paul and Scott demonstrating finPOWER Connect to audiences in Wellington, Auckland and Christchurch. This week sees Napiers turn.
finPOWER Newsletter 21 March 2011
finPOWER Connect Roadshow comes to Auckland, Wellington and Christchurch in April 2011.
Australian PPSR development underway
We are pleased to announce that development has commenced on adding Australian PPSR B2G functionality to finPOWER Connect.
finPOWER Newsletter 29 November 2010
A person, business, or organisation providing financial services in or from New Zealand must be registered on the Financial Service Providers Register (FSPR).
finPOWER Newsletter 08 October 2010
The Inland Revenue Department have just released their new Resident Withholding Tax (RWT) on interest - payer's guide IR283 for RWT rates that came into effect on 1 October 2010, coinciding with the reduction in personal tax rates.
finPOWER Newsletter 16 Aug 2010
The New Zealand Financial Service Providers Register (FSPR) is now OPEN! If you are a Financial Service Provider you must register by 1st Dec 2010.
finPOWER Newsletter 8 Aug 2010
Free seminars on Dispute Resolution for Financial Service Providors needing to register under the Financial Service Providers (Registration and Dispute Resolution) Act 2008
finPOWER Newsletter 28 July 2010
New Zealand Finance Company pleads guilty to misleading clients - $500,000 returned to consumers.
finPOWER Newsletter 15 July 2010
Australian ASIC have released the following Credit Reform Update.
finPOWER Newsletter 7 July 2010
finPOWER Newsletter 7 July 2010: Financial Services Providers Register
'More Intrusive' Credit Reports
NZ Consumers wanting to buy on credit may soon have to provide more sensitive information
NZ Commerce Commission Press Release
New Zealand Commerce Commission Press Release: Car finance company fined for breaching consumer laws
finPOWER Newsletter 21 May 2010
finPOWER Newsletter 21 May 2010: The NZ Commerce Commission releases draft CCCFA guidelines.
finPOWER Newsletter 26 May 2010
finPOWER Newsletter 26 May 2010: Australian ASIC releases Credit Reform Update
finPOWER Newsletter 20 May 2010
finPOWER Newsletter 20 May 2010: NZ MED Training and Australian PPSR information
finPOWER Newsletter 21 April 2010
finPOWER Newsletter: NZ Financial Service Providers (Registration and Dispute Resolution) Act 2008 and NZ Financial Advisors Act 2008
finPOWER Newsletter 27 Aug 2009
finPOWER Newsletter 27 Aug 2009: Finance industry in the Press
NZ Bill proposes Interest Rate Cap
The NZ Parliament is to consider setting a maximum interest rate that can be charged.
NZ Commerce Commission settles with pawnbroker over interest rate misrepresentations
The NZ Commerce Commission has settled with an Invercargill based pawnbroker over breaches of the CCCFA.
Reserve Bank of NZ excludes Small Deposit Takers from Credit Rating requirements
The Reserve Bank of New Zealand has excluded small non-bank deposit takers from requiring a credit rating as part of new prudential regulation
Reserve Bank of NZ releases Risk Management Programme Guidelines
Reserve Bank of NZ releases Risk Management Programme Guidelines for Finance Companies
NZ Commerce Commison Draft Guidelines for Credit Fees
Commerce Commission releases draft guidelines for Credit Fees charged under the CCCFA for consultation.
Finance Company admits charging unreasonable credit fees
Settlement is to repay 1,400 clients over $720,000
NZ Credit Contracts and Consumer Finance Act 2003 – Compliance Advice:
Credit related insurance, repayment waivers, and extended warranties
NZ Finance Firm Fined over Credit Contracts
A consumer finance company which lends almost exclusively to the Tongan community has been fined $37,480 in the Manukau District Court for breaches of the NZ Credit Contracts and Consumer Finance Act (CCCF Act) and Fair Trading Act
New finPOWER Accounting Ledgers Add-On
The finPOWER Accounting Ledgers Add On is released to allow IFRS compliance.
New finPOWER Collections Manager Add-On
The finPOWER Collections Manager Add On is Released
New Finance Arm for Enterprise Motor Group
The launch of a new finance business, Community Financial Services Ltd (CFS Money™) was announced today by Fred Lewis founder of New Zealand's largest used motor vehicle dealer, the Enterprise Motor Group Ltd (Enterprise).
New finPOWER Loan Application Processing Suite Released
The Loan Application suite is a full end–to-end suite that can cater for all your Loan origination, loan management and financial management needs.
New finPOWER Disbursements Add-On Released
The new Disbursements Add-on now takes this arduous process and simplifies it into an easy step by step system.
New finPOWER RedBook Interface Add-On Released
RedBook Interface is designed to allow you to quickly establish the current value of a vehicle you are looking to secure a loan over from within finPOWER.
New finPOWER MotorWeb Interface Add-On Released
MotorWeb is used extensively throughout the finance industry in New Zealand to establish the history and the viability of a vehicle as security for lending.
finCALC Released
finCALC is a standalone finance calculator that will easily calculate and display a variety of Loan Types.
finPOWER 5 Released
We are pleased to announce the release of the latest version of finPOWER, Version 5 for the New Zealand Market.
New finPOWER Add-Ons Released
New finPOWER Add-ons released providing remote access to data from a number of different sources.