From Policy to Practice: How Regulation Shapes Open Banking

Hosts: Adrian Smith (CEO, BlinkPay) & Tim D’Shea (Head of Product, BlinkPay)

Music by Levgen Poltavskyi from Pixabay

In this episode of Open Banking Q&A with BlinkPay, we bring together voices at the heart of Aotearoa’s open banking journey:

• Matthew Lewer, Head of Payments at the Commerce Commission
• Emma Geard, Senior Associate at MinterEllisonRuddWatts
• Andrew Dentice, Co-chair of FinTechNZ & Partner at Hudson Gavin Martin

Together, they unpack how regulation is shaping the future of payments and data sharing in New Zealand — from competition and consumer protection to liability, security, and trust.

We cover:

• Why open banking must balance innovation, consumer safeguards, and bank participation
• The 10-year journey of recalibrating regulation, not just “set and forget”
• How liability and consumer protection frameworks will make or break trust in new payment flows
• Lessons from overseas:
  US Consumer Watchdog redoes open banking rules on customer data (Reuters)
  FCA set to streamline payment systems oversight (Fintech Global)
• Why New Zealand’s unique “coalition of the willing” gives us a head start — but also unique challenges

🎧 Tune in to hear how regulators and legal experts see policy turning into practice — and why now is a critical moment for open banking in Aotearoa.