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Amanda Cheng

Law firm predicts arrival in NZ of neobanks this year

Chapman Tripp outlines how 'neobanks' could enter the New Zealand market, potentially shaking up the local financial services sector

17th Mar 20, 9:50am

by Gareth Vaughan

Chapman Tripp outlines how 'neobanks' could enter the New Zealand market, potentially shaking up the local financial services sector

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One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we've been taken. Once you give a charlatan power over you, you almost never get it back.

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