close
MENU
Hot Topic Infrastructure
Hot Topic Infrastructure
Tech & Innovation
2 mins to read

Banks may control open banking partner process, with conditions

Payments NZ is seeking regulatory authorisation to collaborate over development of an API framework for partnering with fintechs.

Open banking is at an inflection point.

Will Mace Mon, 01 Jul 2024

The Commerce Commission intends to grant conditional authorisation to bank-owned industry body Payments NZ to lead the development of a standardised partnering framework behind the roll-out of open banking, but only for an 18-month period.

The regulator announced today it had reached a preliminary

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Will Mace Mon, 01 Jul 2024
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Banks may control open banking partner process, with conditions
Tech & Innovation,
104711
true