Privacy Week: How to keep your banking secure
09/05/2017
As part of Privacy Week the New Zealand Bankers’ Association is reminding people how to keep their banking safe from financial crime. “Banks take their customers’ privacy and confidentiality very seriously by protecting their systems and customer information. We all have a role to play in keeping our money safe from fraudsters,” says New Zealand...
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TVNZ
Reserve bank warns of potentially stressful impact of potential interest rate spikes
07/05/2017
Banks are responsible lenders and take into account a number of factors when making lending decisions. That includes testing affordability at higher interest rates and factoring in realistic essential expenditure.
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Newsroom
Heads in the sand, houses in the water
02/05/2017
Lending decisions on any property are made on a case by case basis. It’s quite possible that in time banks would require more equity or shorter term mortgages when considering lending on potentially affected coastal properties.
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NBR
NZ banks urged to shake up retail practices
27/04/2017
New Zealand banks, as well as their Bankers’ Association, say changes are already under way because of the Financial Advisers Act.
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NZ Herald
New Zealand housing market crash warning issued by international ratings agency Moody’s
12/04/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman said the Reserve Bank had “stress-tested” our banks and found them strong enough to withstand a severe downturn.
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Stuff.co.nz
Fraud and abuse cases gathering dust, family violence reports soaring: Why police pushed for more numbers
10/04/2017
Customers were often the victims in such fraud cases, New Zealand Bankers’ Association chief executive Karen Scott-Howman said.
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Stuff.co.nz
Sharia finance a growing market but NZ banks not acting yet
10/04/2017
Karen Scott-Howman said banks were constantly responding to customer preferences. “That’s certainly the case with mobile and internet banking. We’re not seeing that kind of demand for Sharia-compliant banking here.”
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Westpac to chair New Zealand Bankers’ Association
03/04/2017
Westpac chief executive David McLean has been elected chair of the New Zealand Bankers’ Association for 2017/18 and took on the role on 1 April. Kiwibank chief executive Paul Brock was elected deputy chair. David McLean says it’s a privilege to be elected chair and he is confident NZBA will continue to promote outcomes that...
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NZ Herald
Card skimming hits Rotorua locals
01/04/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman said people should always take care when entering PIN numbers at ATMs.
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NZ Herald
Police swoop on $10k bank account deals
24/03/2017
Karen Scott-Howman, chief executive of the Bankers’ Association, acknowledged the role banks play in fighting financial crime but said customer privacy and confidentiality was taken seriously.
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