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The sad state of “open banking” in NZ

stuff.co.nz
2 pointswharfjumper1 comment
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Westpac is an investor but don't have APIs. Keep your friends close and your enemies closer!

And their competitor BNZ who's the most advanced has "gone dark". The only way the banks will open up is if they're forced to.

The regulation of interchange fees is probably going to make things tough for Dolla (less incentive for merchants to switch assuming the merchant fees reduce).

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