Technology

Don’t wait for open banking regulations

Paul McBeth
Mon, 29 Mar 2021

It takes a long time for banks and government to get things done, so why wait?

Paul McBeth
Mon, 29 Mar 2021

New Zealand’s fintech community wants the government to accelerate regulation around consumer data rights and open banking but has been told not to wait until a framework is in place with a raft of services already available.Two key themes were top of mind for attendees of the Fintech Hui in Queenstown recently on how the government can support them: speeding up the consumer data rights consultation and open banking, and opening the borders to provide access to talent and international markets.However, firms have already adopted the tenet...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property

Pet food millionaire snaffles Taupō racetrack

Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive

Market regulator blasts Australian 'culture of leaks'

Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

Opinion

The traditional office is dying a slow, painful death

Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content

Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Don’t wait for open banking regulations

Not convinced yet?

Your company has a subscription

Team