Author: Philip vanDyk

Bank safety tips for the holidays

In the lead-up to Christmas the New Zealand Bankers’ Association has reminded people how to avoid fraud and scams over the holiday season. “This is a special time of the year to share with family and friends. Whether we’re shopping or away on holiday, it pays to take care. We all have an important role… Read more »

Don’t get caught by phishing scams this summer

Never give anyone your PIN or internet banking username or password said the New Zealand Bankers’ Association as we head into the summer holidays “Your bank will never ask you for this confidential information,” said New Zealand Bankers’ Association chief executive Kirk Hope. “You should never disclose passwords and other security information to anyone. If… Read more »

Novopay victims given free overdrafts

Retail banks across New Zealand have stepped in to help school staff financially affected by the Novopay debacle.

Banks come to aid of school staff caught in Novopay debacle

“The Christmas period’s a special period for families, so the banking industry wanted to help people who hadn’t been paid and take out some of the stress from this period for them,” said Kirk Hope of the New Zealand Bankers’ Association.

Banks step up to Novopay challenge

New Zealand banks are wading into the Novopay disaster to offer interest-free overdrafts to teachers and school staff running short on cash.

Interest-free overdrafts for Novopay-affected teachers

All retail banks are offering interest-free overdrafts to teachers and other school staff affected by the Novopay payroll system issues from now until 15 January 2013. “Banks across the board are supporting their customers here. This issue affects the largest single payroll in the country. It’s about helping ensure affected teachers and staff continue to… Read more »

Bankers respond to criticism over profits

The Bankers Association commissioned Massey University’s Centre for Banking Studies to compare the return on shareholders’ equity for the banks, with those of the top 50 listed firms, between 2008 and 2012.