Open banking is set to make banking a whole lot faster and simpler - but what is it and how does it work?
Joining Breakfast this morning, Simplicity founder Sam Stubbs explained open banking allowed banks to view customer data on request without keeping it - making applying for mortgages, changing banks or making payments after hours a lot faster and more secure.
-
Due to the immense volume of comments 1News videos attract, we've made the decision to hold all comments for review, and in some cases, turn them off entirely.
1News is a media outlet based in New Zealand, and could potentially be liable for any comments that defame others or breach New Zealand law. Our content receives thousands of comments each day, and we lack the capacity to moderate that volume without holding comments for review.
This decision ensures that our platform remains a safe and compliant space for all viewers. We appreciate your understanding and continued support.
-
Subscribe to 1News: www.bit.ly/1NewsKZfaq | For the latest news from Aotearoa and overseas: www.1News.co.nz
This is the official channel of TVNZ's 1News, where we deliver the latest news, in-depth journalism and expert analysis from reporters you can trust. Subscribe for news and current affairs reports from 1News, Seven Sharp, Breakfast, Q+A, and Fair Go.