Stuff
Government to introduce ‘safe harbour’ law for scam takedowns
18/11/2025
On Monday, the Banking Association said banks had deployed technology to quickly identify and share intelligence on “mule” accounts.
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NZ Adviser
Banks deploy new anti-scam tech as government ramps up crackdown
18/11/2025
Beaumont said the new fraud intelligence technology works alongside Confirmation of Payee and is part of a broader package of tools, noting there is no single initiative that will stop scams or prevent people authorising payments to criminals.
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Business Desk
Banks accelerate crackdown on ‘mule’ scammers
17/11/2025
New Zealand banks are implementing new fraud intelligence technology that will help crack down more swiftly on scammers using “mule” accounts to shift stolen money.
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NBR
Kiwis scammed out of $265m in 12 months
17/11/2025
“The fraud intelligence technology is another milestone for our banks in meeting their new scam prevention commitments that come into force at the end of the month. We have a prevention-led strategy to fighting scams, which aligns with global best practice.”
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Banks roll out more scam prevention technology
17/11/2025
New Zealand’s retail banks have implemented new fraud intelligence technology to help stop scammers using accounts to move stolen money. The new technology helps banks meet their five new scam prevention commitments that will come into force on 30 November under the Code of Banking Practice. The announcement comes as Fraud Awareness Week kicks off...
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RNZ
Suite of banking competition changes adopted by government
13/11/2025
“We support quality regulation that makes banking easier for New Zealanders,” said chief executive Roger Beaumont.
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RNZ
ComCom denies banks’ request for collective negotiation over cash-in-transit
13/11/2025
The Banking Association’s Beaumont said banks are committed to ensuring the availability of cash in New Zealand is reliable and efficient.
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Newsroom
Armoured van monopoly is no Hollywood heist
13/11/2025
“We are disappointed in the Commerce Commission’s ‘finely balanced’ decision to not grant interim authorisation for banks and other cash-in-transit customers to collectively negotiate with Armourguard. Armourguard, owned by New York private equity firm Evergreen, is the monopoly provider of comprehensive cash-in-transit services.”
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NBR
ComCom declines banks’ request for ruling on Armourguard services
13/11/2025
“To have cash-in-transit services that New Zealanders can rely on, we need to make sure prices are transparent and that the service is efficient. Armourguard’s proposal does not achieve this.”
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Business Desk
Kiwibank pushes back on RBNZ’s proposed new risk weightings
30/10/2025
NZBA supported its proposals to further increase RBNZ’s proposals and bring SRW granularity into alignment with APRA.
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