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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Stuff
Grieving parents say banks must block alcohol purchases by under 18s
26/10/2025
The couple have begun meeting with banks, MPs, and are preparing for a meeting with Roger Beaumont, chief executive of the Banking Association, the political lobbying body for the banking industry.
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NZ Adviser
NZBA welcomes fix to consumer lending law anomaly
21/10/2025
The New Zealand Banking Association has welcomed the government’s move to fix an inconsistency in the Credit Contracts and Consumer Finance Act, ensuring disclosure errors are treated consistently whether they occurred before or after 2019.
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Business Desk
ANZ NZ bound for court as select committee carves out active litigation
21/10/2025
“We are disappointed that the government has decided to exclude the ongoing court cases. The principle of a just and equitable approach should be confirmed to apply to all. Government officials recommended that existing cases be included in the law change, and the government previously accepted that advice.”
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NZBA welcomes consumer lending law fix
20/10/2025
The New Zealand Banking Association today welcomed the government’s decision to accept the Finance and Expenditure Committee’s recommendation to fix an anomaly in the Credit Contracts and Consumer Finance Act. This will confirm disclosure errors for loans will be treated in the same way whether they occurred before or after 2019. New Zealand Banking Association...
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