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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‘Take a sec to check’ say banks in scam awareness campaign
08/01/2023
Banks are asking people to ‘take a sec to check’ before they part with their money or personal information, in a campaign aimed at raising scam awareness over summer. “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,” says New...
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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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Banks ready to support customers through tough times
23/11/2022
In response to the Reserve Bank governor’s recent comments about banks supporting households and businesses in the face of an historic rise in the official cash rate, New Zealand Bankers’ Association chief executive Roger Beaumont says: “Our banks are ready to support customers who are doing it tough because of the rising cost of living and...
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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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Newsroom
‘I had serious concussion, bad credit and $15,000 debt’ – abuse survivor
23/11/2022
“Banks play a part in helping to identify instances of economic harm. They train staff to recognise signs of potential economic harm while being sensitive to customers’ situations and wishes.”
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