NZ Adviser
Banks under pressure to roll out anti-scam initiatives
24/11/2023
Amid increasing pressure to combat scams and fraud against bank customers, the New Zealand Banking Association has announced that it will provide an update in mid-December on the industry’s commitment to implementing its measures.
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Interest.co.nz
Banks’ moves to introduce confirmation of payee service awaited as fintech Akahu moves ahead
24/11/2023
Bank lobby group the New Zealand Banking Association says it’ll provide an update in mid-December on the industry’s commitment, made in September, to a range of measures designed to combat scams and frauds being committed against bank customers.
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NZ Adviser
Stay safe on Black Friday – NZBA
24/11/2023
“It’s worth taking a moment to check who you’re dealing with online before parting with your money and your personal information.”
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Newshub
Auckland Transport prepares for Black Friday traffic after Newmarket chaos
23/11/2023
The Banking Association has released advice for online shoppers, urging people to go with trusted retailers. And there’s the adage – if it seems too good to be true, it probably is.
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NZ Herald
Black Friday deals in the Bay of Plenty: What local shops and big retailers have on offer
23/11/2023
While grabbing a bargain online was exciting, New Zealand Banking Association chief executive Roger Beaumont advised shoppers to “take a sec to check”. He said scammers used this time of year and shopping events such as Black Friday to target unsuspecting customers, especially online and through deals that seem “too good to be true”.
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NZ Herald
Black Friday sales NZ: How to dodge the scammers
23/11/2023
The New Zealand Banking Association said Black Friday ads and sales pitches should be closely scrutinised.
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Keep safe for Black Friday and Cyber Monday online shopping sales
22/11/2023
Take a sec to check that an online shopping deal isn’t a scam says the New Zealand Banking Association as we head towards the Black Friday and Cyber Monday events starting tomorrow. “In a cost-of-living crisis getting a bargain is more tempting than ever, especially as we head into the Christmas season with its Black...
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NZ Herald
Bank scams: MBIE, bank survey says $198m lost to scammers
13/11/2023
“Scams go much wider than our industry, affecting government agencies, telcos, social media companies, and internet service providers. An anti-scam centre would provide a centralised and co-ordinated multi-sector approach to fighting scams from a New Zealand-wide perspective,” Beaumont said.
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Interest.co.nz
Reforming the controversial Credit Contracts & Consumer Finance Act could turn out to be more complex than hoped by its critics
26/10/2023
“Without retrospective change, there is a real risk that a minor error in disclosure, which has no borrower impact and does not reflect irresponsible or poor lending practices, will have serious consequences,” the NZBA submission said.
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Consumer NZ
Rural banking: Are the new hubs working?
24/10/2023
The seven hubs are part of a trial by the New Zealand Banking Association to find a new approach to providing banking services in rural areas. Six banks are involved – ANZ, ASB, BNZ, Kiwibank, TSB and Westpac.
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