News

Open Banking Boosts NZ Loyalty

Explore how Open Banking boosts customer loyalty in NZ and the advanced solutions available, ahead of upcoming Customer and Product Data Bill.

November 16, 2023

Simon Rowles

Founder, CEO

Enhancing Customer Loyalty Through Open Banking in New Zealand

Open Banking has the potential to significantly boost customer loyalty for banks in New Zealand. Ahead of anticipated legislation, expected to be enacted within the next year under the Customer and Product Data Bill, several solutions are already being implemented in the market.

A recent report by Payments NZ, released today, provides insight into the current progress and the developing options in the realm of Open Banking.

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