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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Interest.co.nz
RBNZ to review Open Bank Resolution policy settings once depositor compensation scheme is launched
17/12/2022
The Reserve Bank says it will review its Open Bank Resolution bank failure tool once the planned depositor compensation scheme is rolled out amid suggestions from the New Zealand Bankers’ Association that the OBR will remain the Reserve Bank’s primary resolution and depositor protection tool for large banks.
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Stuff
Are we on the brink of a wave of mortgagee sales?
10/12/2022
New Zealand Bankers’ Association chief executive Roger Beaumont says in the current climate it is not surprising to see mortgagee sales starting to rise. But mortgagee sales are a “last resort”, he says. They are also rare, and represent a tiny fraction of the around 1.25 million home loans there are in New Zealand.
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Business Desk
Science reforms a step in the right direction, say submitters
09/12/2022
The NZ Bankers’ Association submitted that the crown research institute model made it extremely difficult for businesses to access and use this data.
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Business Desk
Home buyers paddle, as mortgage rates hit high water mark
27/11/2022
NZ Bankers’ Association chief executive Roger Beaumont said it was important for customers to speak to their bank as early as possible if they were “doing it tough”.
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Business Desk
Money Answers: which credit problems will kill my mortgage chances?
25/11/2022
“If you’re considering borrowing from your bank, it’s always worth having a chat with them to find out what they’ll be looking for and what you can do to help get your application over the line.
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NZ Herald
Financial abuse must become a crime, anti-violence campaigners say
23/11/2022
He said these cases were often very sensitive and complicated by the bank’s customer obligations to both domestic partners who may have joint accounts, home loans or credit cards. “Joint products usually need the consent of both customers to make any changes. Issues can arise when one party refuses consent.”
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