Open banking in Aotearoa New Zealand is taking a major leap forward, with the four largest banks, ANZ, ASB, BNZ and Westpac NZ, implementing another key industry standard that enables payments service ...

The High Court has fined Westpac New Zealand $3.25 million for misleading customers entitled to advertised discounts, and for overcharging some business customers. The historic breaches resulted in $6 ...

The banks opposed the changes and Orr became embroiled in a spat about them with the New Zealand Initiative think tank, whose members include the four biggest banks. ‘Tired, Misleading’ The ...

Hunt, who sits on the board of BNZ parent National Australia Bank, noted that Australia’s approach is to protect against a one in 100 year event. All four of New Zealand’s largest banks are ...

New Zealand bankers have been quizzed by a parliamentary ... Responses from the four biggest banks — all dated Feb. 27 — were posted on parliament’s website earlier this week.