Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly spoke at the Payments NZ conference about the need for faster movement across industry and government. (Image: NZME)

Ben Moore

Wed, 20 Nov 2024

Commerce and Consumer Affairs Minister Andrew Bayly wants the financial industry to “just get on with it” when it comes to modernising banking and payments.In his address to the Payments NZ conference on Wednesday, Bayly said he expected the industry to move quickly to adapt and the Government to keep pace.He said that the select committee for the Consumer and Product Data (CPD) Bill will be reporting in December.“They wanted to delay it, I said, ‘no’. I want the bill through the house. The first quarter of next ye...

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