News | Business
24 Oct 2025 19:08
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    An extra weapon against banking scams - but customers still need to play their part

    An extra weapon against banking scams - but customers still need to play their part


    A Confirmation of Payee system's rolling out banks from next month - to be fully in place next Easter.

    It notifies a customer whether the name and account they're paying to, match up - or don't.

    But Banking Association chief executive, Roger Beaumont, is reminding there's no silver bullet against scams.

    He says customers need to remain vigilant whenever paying money out of their account - and be confident of who they're paying and the account number.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     24 Oct: Hope for a big turnout at the World Dairy Summit in Auckland next year
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     24 Oct: Another business has been handed a hefty fine for cartel conduct
     24 Oct: Chinese Communist Party body replaces 11 members amid corruption purge
     23 Oct: The Commerce Commission's released new guidelines - to try to cut confusion in telco pricing
     23 Oct: A Chinese court's ordered hundreds of hectares of kiwifruit plants to be ripped out - in a landmark intellectual property ruling
     Top Stories

    RUGBY RUGBY
    Field time's the goal for versatile All Blacks back Quinn Tupaea ahead of four tests on their Grand Slam tour More...


    BUSINESS BUSINESS
    Hope for a big turnout at the World Dairy Summit in Auckland next year More...



     Today's News

    Entertainment:
    Sean 'Diddy' Combs woke up in prison "with a knife to his throat" 19:00

    Soccer:
    A 1-nil away defeat against Mexico has the Football Ferns coach marking his side's efforts as a "can do better" 18:57

    Rugby:
    Field time's the goal for versatile All Blacks back Quinn Tupaea ahead of four tests on their Grand Slam tour 18:47

    Rugby:
    All Blacks vice-captain Ardie Savea's reflecting on fond memories ahead of a fitting start to their end-of-year tour against the four Home Nations 18:37

    Entertainment:
    Keira Knightley banned social media in her home to protect her children from "unregulated spaces" 18:30

    International:
    How these families organise cooking to make weeknight dinners easier 18:17

    Law and Order:
    A man will remain in custody after a standoff with Nelson police and allegedly threatening to blow up buildings 18:07

    Entertainment:
    Jimmy Kimmel thinks Jon Stewart should have got his job on ABC 18:00

    Soccer:
    A losing start to their whirlwind North American tour for the Football Ferns after going down 1-nil to Mexico in Mexico City 17:37

    Entertainment:
    Stellan Skarsgard's youngest son gets "bullied" at school for being a "nepo baby" 17:30


     News Search






    Power Search


    © 2025 New Zealand City Ltd