TVNZ
All parties keen for select committee banking inquiry except Labour
07/03/2023
“There’s also legislation in the pipeline to help people safely share their banking information with other service providers, which will support even more competition.”
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Newshub
Market study into banks on cards as Govt faces pressure to investigate eyewatering profits
07/03/2023
Banks are back under the microscope as the Government faces mounting pressure to investigate their eyewatering profits.
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Stuff
Bank profits ‘costing New Zealanders $2000 a year each’
03/03/2023
A spokesperson for the NZ Banking Association said it would be a matter for the government.
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NZ Herald
Should it take a regulatory change for banks to issue emergency finance?
27/02/2023
The New Zealand Banking Association in October submitted to the Ministry of Business, Innovation and Employment about introducing a permanent exemption to enable banks to provide customers with emergency credit in cases like natural disasters.
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Stuff
Reserve Bank governor Adrian Orr calls for a more ‘just in case’ approach to resilience
22/02/2023
“ATMs need both power and an internet connection to function, which means a generator alone might not be enough to facilitate access to cash in an event like Cyclone Gabrielle.”
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NBR
Local banks refuse to work with Binance NZ
09/02/2023
“Any decisions about new customers are based on the bank’s own policies and risk appetite, alongside their regulatory and legal obligations.”
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TMM
New commerce minister blames industry for CCCFA
03/02/2023
“The banking industry has engaged with the current CCCFA reforms every step of the way,” chief executive Roger Beaumont said.
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RNZ
Commerce Commission considering action over high paywave fees
27/01/2023
“Banks also operate in a competitive market and work hard to attract and retain customers,” chief executive Roger Beaumont said. We’d encourage merchants concerned about their fees to talk to their bank.”
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RNZ
Man scammed out of $40,000, banks repeat warnings not to share passwords
16/01/2023
Meanwhile, the Bankers Association had launched a “take a sec to check” campaign, to alert people about how to prevent getting scammed online.
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RNZ
Banks launch campaign in wake of ‘increasingly sophisticated’ financial scams
09/01/2023
“We’re encouraging everyone to take a moment before making a payment or giving away personal information, just to be sure it’s not a scam,” New Zealand Bankers’ Association chief executive Roger Beaumont said.
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