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16-11-2022, 09:01 AM
#16211
"Duncan Greive argued that banks don’t need a social licence to operate. Ben Gracewood asks: what if they had one though? "
"If I was the boss of a bank in New Zealand, I would simply deploy the very best banking API, eliminate marketing spend, reduce products to a few simple options, and then sit back and make all the money. The BenBank API would let anyone with permission make payments and transfers, create and update accounts, confirm receipts, download transactions, and the rest. It would also provide identity verification (in line with anti money laundering laws) and allow new account creation."
https://thespinoff.co.nz/business/15...in-new-zealand
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16-11-2022, 09:32 AM
#16212
Originally Posted by kiora
"Duncan Greive argued that banks don’t need a social licence to operate. Ben Gracewood asks: what if they had one though? "
"If I was the boss of a bank in New Zealand, I would simply deploy the very best banking API, eliminate marketing spend, reduce products to a few simple options, and then sit back and make all the money. The BenBank API would let anyone with permission make payments and transfers, create and update accounts, confirm receipts, download transactions, and the rest. It would also provide identity verification (in line with anti money laundering laws) and allow new account creation."
https://thespinoff.co.nz/business/15...in-new-zealand
What a garbage article. Ben Gracewood must have been on acid when he dreamed up his BenBank fantasy
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16-11-2022, 08:30 PM
#16213
Originally Posted by kiora
"Duncan Greive argued that banks don’t need a social licence to operate. Ben Gracewood asks: what if they had one though? "
"If I was the boss of a bank in New Zealand, I would simply deploy the very best banking API, eliminate marketing spend, reduce products to a few simple options, and then sit back and make all the money. The BenBank API would let anyone with permission make payments and transfers, create and update accounts, confirm receipts, download transactions, and the rest. It would also provide identity verification (in line with anti money laundering laws) and allow new account creation."
https://thespinoff.co.nz/business/15...in-new-zealand
Whoever creates an app which joins all lawyers, banks, accountants and the like for this stupid AML legislation. They will make a killing. Instead of every place asks for proof that we are who we are and that we have lived in the house for the
last 3 months. At some stage I had to prove where my money came from
Ask the tax department lol
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21-11-2022, 05:37 PM
#16214
Interesting seeing HGH close at $1.84.Up 7 cents or 4%.Seems a big jump.
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21-11-2022, 06:18 PM
#16215
Originally Posted by percy
Interesting seeing HGH close at $1.84.Up 7 cents or 4%.Seems a big jump.
Dairy prices up last weeks auction
At the top of every bubble, everyone is convinced it's not yet a bubble.
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21-11-2022, 06:44 PM
#16216
Originally Posted by winner69
Dairy prices up last weeks auction
More likely expectations of big ocr rise tomorrow
ie Heartlands NIM will go even higher
At the top of every bubble, everyone is convinced it's not yet a bubble.
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21-11-2022, 06:46 PM
#16217
Originally Posted by winner69
More likely expectations of big ocr rise tomorrow
ie Heartlands NIM will go even higher
Agree............................................. ....................................
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21-11-2022, 07:56 PM
#16218
Originally Posted by winner69
More likely expectations of big ocr rise tomorrow ……ie Heartlands NIM will go even higher
Going early Winner Wed 2 PM
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25-11-2022, 10:22 AM
#16219
the big dog Jeff Greenslade's shareholding is shrinking
https://www.nzx.com/announcements/403034
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25-11-2022, 10:32 AM
#16220
Originally Posted by Rawz
Really ?
Off market transfer to Arabella Greenslade.
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