Month: October 2017

NZ prepares to join the ‘open banking’ revolution

“We are very open to have conversations, but so far there’s no regulator which has consulted publicly on it.” Scott-Howman stresses the importance of security of people’s financial data.

Buyers caught out by home loans falling through

“Banks are particularly interested in the borrower’s ability to repay the loan, and the security provided for the loan. People seeking home loans need to be up front with the bank about their personal circumstances, such as existing financial obligations and outgoings.”