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Home 5 Bank / Finance 5 Westpac CEO defends profits, recounts UK experience with open banking

Westpac CEO defends profits, recounts UK experience with open banking

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November 27, 2024
Neil Sands
Westpac insists competition in the banking sector is “fierce”, despite Commerce Commission findings to the contrary, and has warned New Zealand needs to avoid the mistakes seen in overseas markets to make open banking a success.

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