6:06 am today
Kiwibank says it will become the first bank in New Zealand to fully roll out open banking.
Kiwibank says it will become the first bank in New Zealand to fully roll out open banking to both individual and business customers.
From Thursday, customers will be able to securely share their banking data with approved third-party services, including budgeting apps, lenders and payment providers, through Kiwibank's internet banking and mobile app.
Open banking allows people and businesses to connect their bank accounts to other financial services, with customer consent, making it easier to manage money, make payments and access more personalised products through secure systems that allow services to share data.
