Andrew Dentice , Technology Lawyer at Hudson Gavin Martin gives us an update on various Open Banking initiatives in New Zealand and overseas.

Jane Retimana, GM Strategy and Corporate Affairs for Payments NZ, gives us an overview of the recent payments pilot paving the way for Open Banking in New Zealand. Open banking is a hot topic in financial services at the moment.  The term open banking is a broad term that has come to mean different things … Continue reading "Open APIs – doing things the Kiwi way"

Sam Daish, General Manager, Data Innovation at Xero, shares his thoughts on the development of AI in the accounting sector: Just a few short years ago, in 2015, Xero’s thinking around our platform was a lot simpler than it is now. We were primarily thinking about products, services and features that extend our core accounting … Continue reading "Powering beautiful experiences that go beyond accounting: the development of machine learning at Xero"

Rick Brown, FinTech and Growth Advisor, shares his experiences from the recent New Zealand payments industry conference: I recently attended The Point 2018, the bi-annual New Zealand payments industry conference hosted by PaymentsNZ.  The event was a who’s who gathering of the NZ payments industry – from software vendors, terminal providers, payment schemes, regulators and … Continue reading "The Point 2018: Sticks, Carrots and Unintended Consequences"

MYOB Public Affairs Manager Conor Roberts explains how cloud-based solutions benefit SMEs. MYOB has been working alongside New Zealand businesses for more than 25 years – a lifetime for a tech business. During that time, we’ve transformed what we do and how we do it – from leading the market with innovative desktop accounting for … Continue reading "Setting small businesses up for success"

Open Banking is the ‘topic du jour’ in New Zealand FinTech circles, particularly with the United Kingdom (UK) initiative launching in January, and a wide-ranging Australian report recently released.

Source: https://www.imf.org/en/News/Articles/2017/09/28/sp092917-central-banking-and-fintech-a-brave-new-world Governor, Distinguished Guests, Ladies and Gentlemen—Good morning! Thank you, Mark [Carney], for that kind introduction, and thank you to the Bank of England for inviting me to this wonderful event. This is a moment to celebrate 20 years of independence during which the Bank of England has been a stabilizing force for the U.K. economy, … Continue reading "Central Banking and Fintech—A Brave New World?"

Visa, the global payments company, has today launched its second annual Everywhere Initiative aimed at Australia and New Zealand start-ups that have women in leadership. Visa’s Everywhere Initiative challenges start-ups to use Visa APIs (Application Program Interface) to create consumer or business-to-business payments solutions. This year’s competition is open for entries through October 23 and … Continue reading "The Everywhere Initiative"

Every day there is a new article that discusses the sea change disrupting the banking industry. This change, they say, will fundamentally disrupt the financial services value chain for customers, intermediaries, and incumbents alike. There is no avoiding the signs.