The Reserve Bank of New Zealand (RBNZ) has announced its intention to open access to its Exchange Settlement Account System (ESAS) beyond just traditional banks. This change could extend access to non-bank deposit takers, payment service providers, overseas institutions, and financial market infrastructure operators — a potential turning point for competition in the sector.

New Zealand has an aversion to risk, but the key isn’t avoiding it, it’s knowing how much we’ll take for the reward we want.

While the New Zealand Government may be dialling back on climate change commitments, extreme weather events will cause financial disasters.

While most of us use New Zealand dollars every day to buy goods and services, few probably stop to think about where that money actually...

Discover what low side overrides are, why they matter in credit risk management, and how to mitigate their risks for a healthier loan portfo

Explore the pros and cons of reverse mortgages vs. debt consolidation to find the best option for your financial goals and retirement needs.

Managing credit risk is like crafting the perfect dog biscuit—balance high-quality loans, diversification, and risk for a healthy portfolio.

Discover why first-time homebuyers often let emotions take the wheel, leading to decisions that defy pure financial logic.

New Zealand's property-focused lending stifles SME growth. Shifting to business-backed loans can unlock potential in tech & services.

It’s our birthday! As we celebrate our seventh anniversary, we’re not merely resting on our laurels.

Will Buy Now Pay Later (BNPL) face the same demise as peer-to-peer lending?

At Happy Prime Risk Consultancy, we believe in straight talk and decisive action.

Happy Prime has partnered with Women in Credit Risk & Collections.

Recent changes to the CCCFA, while welcome, are unlikely to significantly improve Kiwi access to finance.

Addressing 'whataboutism' in credit risk improves clarity, risk assessments, and keeps discussions productive for effective strategies.

In this blog post, we explore what BNPL is and the pros and cons associated with this payment method.

Here's a step-by-step explanation of how bootstrapping works in scorecard development.

Monitor the credit risk cycle to reduce losses and maintain a healthy credit portfolio with effective risk management measures.

In this blog, we will discuss the concept of reject inference and how it is used in scorecard development.

NZ faces rising uninsurable property risks from extreme weather. Happy Prime CEO urges action to prevent financial disaster for Kiwis.