Kiwibank becomes first NZ bank to launch full open banking rollout
By
RNZ News
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Summary
Kiwibank has become the first bank in New Zealand to fully roll out open banking to both individual and business customers, ahead of regulatory deadlines. Starting Thursday, customers can securely share their banking data with approved third-party services such as budgeting apps, lenders, and payment providers through Kiwibank's internet banking and mobile app. This move positions Kiwibank as a pioneer in New Zealand's open banking landscape.
Key quotes
· 3 pulledKiwibank says it will become the first bank in New Zealand to fully roll out open banking to both individual and business customers.
From Thursday, customers will be able to securely share their banking data with approved third-party services, including budgeting apps, lenders and payment providers, through Kiwibank's internet banking and mobile app.
Open banking allows people and businesses to connect their bank
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