Article

NZ prepares to join the 'open banking' revolution

29 Oct 2017
Description

This newspaper article considers developments towards 'open banking' in New Zealand. It discusses the implications of "fintech" companies  which operate app-based subscription services. Three such"open banking" services are due to launch in the next few months. The author considers they will lead New Zealand into something of a banking revolution which threatens to do to banks what Uber is doing to taxi firms, and ultimately put more pressure on them to cut staff or close branches.

Publication Details
Identifiers: 
ISSN: 
1172-9740
License Type: 
All Rights Reserved
Source Title: 
Sunday Star-Times
Published year only: 
2017
41
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