open banking
Time and again we've heard banks may be heading the way of the dinosaurs but they continue to thrive. Gareth Vaughan doesn't expect this to change anytime soon
20th Jul 21, 7:00am
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Time and again we've heard banks may be heading the way of the dinosaurs but they continue to thrive. Gareth Vaughan doesn't expect this to change anytime soon
Commerce and Consumer Affairs Minister David Clark says government will establish a consumer data right to boost consumer choice
6th Jul 21, 9:27am
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Commerce and Consumer Affairs Minister David Clark says government will establish a consumer data right to boost consumer choice
Artificial intelligence, QR code payments, open banking & buy now pay later services all feature in Juniper Research's predictions for the top 10 fintech trends of 2021
9th Feb 21, 1:30pm
Artificial intelligence, QR code payments, open banking & buy now pay later services all feature in Juniper Research's predictions for the top 10 fintech trends of 2021
A European centric look at open banking from Morgan Stanley contains some useful morsels for New Zealand banks
3rd Feb 21, 2:12pm
A European centric look at open banking from Morgan Stanley contains some useful morsels for New Zealand banks
New Zealand Bankers' Association not won over by government's case for a consumer data right, says the public is underwhelmed by open banking
24th Nov 20, 9:23am
New Zealand Bankers' Association not won over by government's case for a consumer data right, says the public is underwhelmed by open banking
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
4th Nov 20, 9:34am
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating merchant service fees
15th Oct 20, 9:42am
RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating merchant service fees
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
28th Aug 20, 2:44pm
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
Ross McEwan, CEO of BNZ's parent National Australia Bank, says Aussie banking sector's complacency shaken off by Royal Commission as COVID crisis causes structural shift in the way bankers work
17th Aug 20, 9:12am
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Ross McEwan, CEO of BNZ's parent National Australia Bank, says Aussie banking sector's complacency shaken off by Royal Commission as COVID crisis causes structural shift in the way bankers work
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
6th Aug 20, 9:34am
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
MBIE sees case for government intervention to establish a consumer data right to 'help give consumers access to a wider range of products & services that better meet their needs'
5th Aug 20, 12:12pm
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MBIE sees case for government intervention to establish a consumer data right to 'help give consumers access to a wider range of products & services that better meet their needs'
Manaaki co-founder Andy Hamilton highlights areas where SMEs could use assistance during the COVID-19 crisis and beyond
20th May 20, 10:30am
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Manaaki co-founder Andy Hamilton highlights areas where SMEs could use assistance during the COVID-19 crisis and beyond
In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
16th Apr 20, 5:00am
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In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
8th Apr 20, 10:00am
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In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
Commerce and Consumer Affairs Minister Kris Faafoi gives slow-moving banks a timeline to set up systems to better enable data sharing aimed at creating more competition
20th Dec 19, 1:39pm
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Commerce and Consumer Affairs Minister Kris Faafoi gives slow-moving banks a timeline to set up systems to better enable data sharing aimed at creating more competition
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
24th Jun 19, 9:44am
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
14th Jun 19, 4:46pm
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
13th Jun 19, 1:17pm
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
5th Jun 19, 10:29am
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
26th May 19, 12:14am
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First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
Commerce and Consumer Affairs Minister Kris Faafoi says he's 'genuinely focused on giving industry-led open banking a real chance to succeed'
25th May 19, 9:46am
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Commerce and Consumer Affairs Minister Kris Faafoi says he's 'genuinely focused on giving industry-led open banking a real chance to succeed'
Payments NZ establishes hub to connect banks with third parties keen on open banking; Banks retain right to set terms on which they share the data
23rd May 19, 3:30pm
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Payments NZ establishes hub to connect banks with third parties keen on open banking; Banks retain right to set terms on which they share the data
ANZ NZ CEO David Hisco suggests he won't be personally rushing to embrace open banking as Minister Kris Faafoi awaits 'concrete plans' from banks on how they will provide access to third-parties
9th May 19, 10:43am
ANZ NZ CEO David Hisco suggests he won't be personally rushing to embrace open banking as Minister Kris Faafoi awaits 'concrete plans' from banks on how they will provide access to third-parties
S&P closely watching how open banking could impact the competitive dynamics for banks and potentially their credit ratings
12th Apr 19, 9:53am
S&P closely watching how open banking could impact the competitive dynamics for banks and potentially their credit ratings
Payments NZ releases standards detailing how banks and fintechs that engage in open banking have to protect consumers' data
4th Mar 19, 12:14pm
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Payments NZ releases standards detailing how banks and fintechs that engage in open banking have to protect consumers' data