Hold the phone! The future of mobile payments

In light of the latest Android Pay developments, here’s more on the future of mobile payments from Ross Jackson, BNZ’s Head of Cards & Payments.

Recently I read an article captioned “Plastic will be the death of cash” on LinkedIn. That’s partly true, as it’s not plastic that will displace the hassle and costs of securely handling cash, it’s the (16) digits that carry the transaction that are about to change the world of payments for New Zealanders and their favourite retailers. Continue reading…

Ten years of KiwiSaver, where to from here?

Donna Nicolof, BNZ’s Head of Wealth and Private Bank, reflects on ten years of KiwiSaver and looks forward into the next decade, identifying a number of changes that could be implemented to generate even greater benefits.

It’s been ten years since the launch of KiwiSaver, which was introduced on 2 July 2007 to get New Zealanders into saving and better preparing for their retirement.

There’s certainly a lot to celebrate with this birthday. Continue reading…