- “As with most businesses bank CEOs have levels of responsibility ordinary staff members wouldn’t have. In the New Zealand banking industry it includes responsibility for around 25,000 staff, over $13b in shareholders’ capital and over $300b in customer deposits.”
- Antony Buick-Constable of the New Zealand Bankers’ Association says: “Customer demand for innovation suggests that open banking is something we should be looking at, and it is.”
- 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 »
- “It comes down to the smaller size of our country and the smaller size of our banks. We’re more connected, we’re talking to our customers on the sideline of footy matches on a Saturday”
- McLean, chief executive of Westpac New Zealand and chairman of the New Zealand Bankers’ Association, welcomed the recommendations and called them “fair enough”. It is a good wake up call.
- “The report represents an opportunity for the New Zealand banking industry to retain the confidence of our customers and ensure a solid foundation for banking in future.”
- New Zealand Bankers’ Association acting chief executive Antony Buick-Constable said it represented an “opportunity” to retain the confidence of customers.
- The New Zealand Bankers Association has welcomed the report and says it is pleased the review found no evidence of widespread misconduct and culture issues.
- “We fully accept we have work to do in many areas to ensure we continue to do the right thing by our customers,” NZBA acting chief executive Antony Buick-Constable said.
