News

AUSTRALIA MOVES IN THE WRONG DIRECTION!

If the news from Dun & Bradstreet in NZ is encouraging, it's exactly the opposite in Australia. Trade Payments are running at 53.2 days. This is an alarming number and significantly worse than the all time high NZ indicator of 51 days in late 2008.

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EARS BURNING? BANKS AND SOCIAL MEDIA - WHY YOU'RE BETTER IN THAN OUT

There are now 2.6 million kiwis using Facebook and the number is growing. Concurrently, smartphone use in New Zealand has grown by a staggering 99 percent in the last year. It is easier than ever for consumers to share their experiences with others and banking customers are no exception. Understanding what customers are feeling, thinking and saying (in real time) is now more crucial to banks than ever.

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CONSUMER STRESS DROPS TO TWO YEAR LOW

Consumer stress in New Zealand has fallen to its lowest level since the beginning of 2012 as the economy's ongoing expansion continues to boost the financial position of Kiwis and strengthen their capacity to borrow and spend.

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WHEN DID THIS PLACE GO TO THE DOGS AND WHY CAN'T YOU LEAD A HORSE TO WATER AND MAKE IT DRINK?

We have all of these phrases and meanings that we use every day about money, life and more, but few of them do us really know or think about them in their reality of usage. For example, where does a slush fund really come from; do you ever sell yourself short; why is something cheap at half the price; when did this place go to the dogs; and how come you can lead a horse to water but can't make it drink?

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CASE STUDY - CIVIL CONSTRUCTION CONTRACTOR

A Bank suggested to their customer that they contact Interface to bridge the shortfall between the Bank's facility and the customer's new funding requirement.

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BRING YOUR DAUGHTER TO THE BANK - PROMOTING BANKING TO WOMEN AND PROMOTING WOMEN IN BANKING

At graduate level, women in Australia and New Zealand make up over 50% of the financial services industry. However they only make up 34% of managers and 8% of CEOs.

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TOP TEN CASHFLOW TIPS FOR SMES

For many small businesses efficiently managing cashflow can mean the difference between success and failure. Here's how to get it right.

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CORPORATE SECTOR SEES CASH FLOWING

Businesses in New Zealand are experiencing a cash flow boost from the country's strong economic performance, with the average time taken for invoices to be paid falling to the fastest second quarter level on record.

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CASE STUDY: FUNDING FOR NEW OFFSHORE CONTRACT SORTED!

In Wellington, Interface recently assisted a contractor who had secured at short notice a large offshore contract.

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JEANS, FEEDBACK, AND MIXING WORK WITH FRIENDS: UNDERSTANDING FINANCE GRADUATES

The latest group of employees to enter the workforce are known as "millennials". Their behaviour is very different from older generations and millennials have more in common with the finance sector's fastest growing customer base.

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SMART MARKETING FOR SKINNY BUDGETS CONTENT MARKETING 101

Do you want to promote your small business but have limited resources to spend on advertising and media relations? Content marketing may be the answer.

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PERFORMANCE REVIEW TIME? WHY RISK MANAGEMENT AND COMPLIANCE SHOULD BE KPIS FOR ALL FINANCE EMPLOYEES

Consumer protection is a top priority across the financial services industry and the focus on risk management and compliance is expected to continue in 2015 and beyond.

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TOP FIVE MYTHS ABOUT START-UP COSTS

Starting a new business requires adequate funding but it needn't cost the earth. From office space to advertising costs, we debunk five myths about start-up costs.

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CASE STUDY: THE CASH FLOW SOLUTION FOR FUNDING GROWTH

A Bank recently referred a customer to IFG that had commenced a new business venture providing maintenance services to a large multi-national company. While the company waited to be paid for services provided, the steadily increasing growth in their business was creating a shortfall in cash-flow.

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