Open banking making life easier for advisers and lenders
Early adopter advisers and lenders are now using regulated open banking connections to make it easier for people to apply for a home loan.
New Zealand’s regulated open banking system became operational on December 1 and the first group of organisations were accredited to use the system 18 days later.
One of the first to be accredited was Akahu New Zealand's leading open banking intermediary, providing data connectivity to a broad range of government, corporate, and fintech organisations.
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