NZ banking just changed all the rules, are you ready? Open banking with Pocketsmith CEO Jason Leong
New Zealand banking just changed all the rules, and you could be forgiven for not having heard about it, despite the fact this could change everything about how you handle your money.
Open banking is now officially live in New Zealand, slipping in right at the end of the year with very little attention. But this isn’t just a tech update. It’s a power shift over who controls your financial information, and how it can be used.
That matters, because open banking has the potential to make huge parts of your money life easier. From budgeting and using a budgeting app, to comparing mortgage rates…
The skinny
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