Banks support CCCFA exemption for flood-affected customers
16/02/2023
The banking industry supports the government’s recently announced affordability assessment exemption for customers affected by the recent damaging weather events. “Banks want to provide as much support as possible to those affected by the recent weather damage in the North Island,” says Roger Beaumont, chief executive of the New Zealand Banking Association – Te Rangapū...
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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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NZBA announces new name
31/01/2023
NZBA today announced it would be called the New Zealand Banking Association – Te Rangapū Pēke. It was previously known as the New Zealand Bankers’ Association. New Zealand Banking Association – Te Rangapū Pēke chief executive Roger Beaumont says: “We’re delighted to announce our new name, and that it includes our name in te reo...
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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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‘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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