Interest.co.nz
Associate Justice Minister Nicole McKee hails move to broaden banks’ ability to share information to combat fraudsters and scammers
20/11/2025
New Zealand Banking Association chief executive Roger Beaumont says banks asked for an exemption from parts of the AML/CFT Act so they can share information to help stop scams and the harm they cause.
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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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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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