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Top related persons:
Thomas White - 1 Roger Beaumont - 1 Beaumont - 1 Lucy Craymer - 1 Shri Navaratnam - 1
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REUTERS - 1 Rights - 1 New Zealand Banking Association - 1 NZ - 1 Zealand - 1 Thomson - 1

Search resuls for: "Roger Beaumont"


2 mentions found


☆ New Zealand banks to introduce new measures to prevent scams
  + stars: | 2023-09-15 | by ( Lucy Craymer | ) www.reuters.com   time to read: +1 min
REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsWELLINGTON, Sept 15 (Reuters) - New Zealand banks on Friday said they would introduce new steps to counter scams targeted at its customers including establishing a national Anti-Scam centre, combining resources to combat money laundering and increasing public awareness. Roger Beaumont, chief executive of the New Zealand Banking Association, which represents all large banks based in New Zealand, said in a statement that the joint commitment by retail banks is expected to have a positive impact in tackling fraud and scams. In the second quarter of 2023 1,950 scams were reported with people losing NZ$4.2 million ($2.48 million), according to data from the New Zealand government’s Computer Emergency Response Team. Australia, where four of New Zealand’s largest retail banks are headquartered, is also introducing similar new measures. ($1 = 1.6915 New Zealand dollars)Reporting by Lucy Craymer Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.
Persons: Thomas White, Roger Beaumont, Beaumont, Lucy Craymer, Shri Navaratnam Organizations: REUTERS, Rights, New Zealand Banking Association, NZ, Zealand, Thomson Locations: New Zealand, Australia
☆ New Zealand government to introduce 'open banking' for consumers
  + stars: | 2022-11-09 | by ( Lucy Craymer | ) www.reuters.com   time to read: +2 min
WELLINGTON, Nov 10 (Reuters) - New Zealand will introduce open banking over the next two years, the government said in a statement on Thursday, making the sector the first to have rules giving consumers full control of their financial data. "Open banking" is already in place in a number of markets overseas, including Australia and the United Kingdom. Proponents of "open banking" say it may allow consumers to share their banking data with other providers to get better and cheaper services than what they already have. Australian banks, which dominate New Zealand's banking sector, are increasing their reliance on data to approve loans and better sharing of data supports this. New Zealand Bankers' Association chief executive Roger Beaumont said it is important to get the open data sharing right for consumers and they needed time to implement.
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