Will sharing data really improve banking? Yes

The Business of Tech

Innehåll tillhandahållet av NZME. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av NZME eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

3M ago 53:33

MP3•Episod hem

"The question is, who supports the bill? Well, honestly, basically everyone."

That's what Commerce and Consumer Affairs Minister Andrew Bayly said about the Customer and Product Data (CPD) Bill at its first reading, and sure enough, every other party representative followed with their support.

The CPD Bill is the legislative force that mandates the sharing of customer data by organisations, starting with financial institutions - in other words, open banking.

So what is it about the Bill that has earned cross-party support? What changes will it bring for people across NZ? And why is NZ's open banking rollout already looking more promising than the UK's and Australia's?

Fintech leaders Josh Daniell from Akahu and Adrian Smith from BlinkPay join us to answer those questions and more.

Plus, what happened at Soul Machines, and Minister Judith Collins' big plans to bolster AI uptake.

Reading list

See omnystudio.com/listener for privacy information.

79 episoder

#News #Tech News #NZME