Month: July 2021

Data portability is coming to NZ – here’s what it means to you

Bankers’ Association spokesman Philip van Dyk told Stuff last week that it supported the initiative “in principle” before adding that “research shows that few people think sharing your personal information with third parties is a good idea.”

‘Consumer data right’ may make switching banks easier

“Research shows that few people think sharing your personal information with third parties is a good idea. Third parties seeking to use consumers’ personal data will need to show they have proper safeguards in place.”

Disabled, older bank users allege neglect

Less than 1% of payments were made by cheque and options for former cheque users included direct debit, automatic payments and phoning a bank, he said.

Is that banker with a b or a w?

“Covid-19 impacted many New Zealanders and our banks deferred or reduced loan repayments on $70 billion in business and household loans,” Beaumont says.