Bank of NZ prepping for open banking using tech and a new way of thinking

As New Zealand readies for an open banking regime to be implemented in the near future, the Bank of NZ (BNZ) is preparing to have the old way of banking exist alongside the new, while legislation catches up.

Speaking at the SAS Road2AI event in Sydney on Friday, BNZ head of data strategy and transformation Sonya Crosby said her bank has taken a "human-centred" design approach in its innovation, stretching that also to the open banking mandate.

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