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Claire Matthews: Massey University Financial Professor on Labour's banking policy
A warning there are drawbacks to instant payments as Labour vows to make it possible 24/7 by 2030.
The party wants to bring more competition to the sector helping fintech companies take on the big four banks.
Part of Labour's plan to achieve this is by introducing e-money licences for businesses offering services like digital wallets and payments.
Massey University Financial Professor Claire Matthews told Andrew Dickens that currently, if you're subject to scams there's a small window to get the money back.
However, she says, when you have real-time payments, that's gone.
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