Month: April 2024

‘Lead the way on scams’, banks tell Government

The NZBA has requested operational support from other government agencies, that letters of expectation be sent to relevant industry participants such as telcos and social media companies, and that the Commerce and Consumer Affairs minister help co-ordinate action.

Kiwis want more protection against bank fraud and cybercrime

Banks already invest significantly in fraud analytics and prevention to identify unusual customer spending patterns, warn customers of potential scams, and shut down fake bank websites and phone numbers used in scams, he says.

BNZ to chair New Zealand Banking Association

BNZ chief executive Dan Huggins has been elected chair of the New Zealand Banking Association and took up the role on 1 April. ANZ chief executive Antonia Watson was elected deputy chair. The chair and deputy chair take on their respective roles for two years. Mr Huggins says it’s an honour to represent the New Zealand… Read more »