- All 11 banks involved in the Bank Conduct and Culture review by the Financial Markets Authority and the Reserve Bank have responded with individual work plans. “While I cannot disclose the information in each work plan, I can confirm that all banks with sales incentives have committed to remove or address them for frontline salespeople... Read more »
- The banking industry has today contributed $1 million to the Christchurch Foundation’s Our People, Our City Fund to meet the long and short term needs of the families most affected by Friday’s terror attacks. New Zealand Bankers’ Association chair David McLean said the industry shared the sense of shock of all New Zealanders and wants... Read more »
- Protect access to your banking by using strong, unique and secure passwords. That’s the New Zealand Bankers’ Association’s message in support of CERT NZ’s Get Password Smart campaign that kicks off today. “We all have a role to play in preventing financial crime by protecting unauthorised access to our bank accounts. Being smart about your... Read more »
- Roger Beaumont has today been named as Chief Executive of the New Zealand Bankers’ Association, the organisation that represents the New Zealand banking industry. NZBA Chair David McLean, CEO of Westpac, says they are delighted to have been able to appoint someone with such strong credentials in both the banking sector and stakeholder management area,... Read more »
- This festive season the New Zealand Bankers’ Association is reminding people to watch out for financial crime. “While many of us are rushing to get ready for Christmas, fraudsters are also busy trying to access our bank accounts. They’re always looking for opportunities to steal our money, especially when we let our guard down,” says... Read more »
- Stop and Think: is this for real? That’s the message for Fraud Awareness Week 2018 and the New Zealand Bankers’ Association is urging people to do just that. “Fraudsters are always coming up with new ways to steal our money. They trick people into handing over personal information. Once they have your bank account details... Read more »
- The New Zealand Bankers’ Association acknowledges a major report into bank conduct and culture released by the Financial Markets Authority and the Reserve Bank today, and accepts all their recommendations. “We are pleased the review found no evidence of widespread misconduct and culture issues across the industry here,” says New Zealand Bankers’ Association acting chief... Read more »
- As part of Cyber Smart Week the New Zealand Bankers’ Association is reminding people to get two-factor authentication to help protect themselves and their money when banking online. “Protecting your PINs and passwords is a good way of keeping your banking safe. Using two-factor authentication, or 2FA, is another way to fight financial crime,” says... Read more »
- Three things you can do to weather a financial shock are: Having savings in place in case of an emergency Having insurance in place to protect yourself and your property Having wills and enduring powers of attorney in place to manage your money if you can’t. That’s the message from the New Zealand Bankers’ Association... Read more »
- If you’d like to get the most out of your banking and manage your money better, it might pay to check out the Smarter Banking guide launched by the New Zealand Bankers’ Association today. “The guide provides practical information for customers about their everyday banking. It’s also intended to complement the recently revised Code of... Read more »