New Zealand postpones launch dates for four regional banking hub pilots.

BANKING AND CREDIT NEWS-June 19, 2020--New Zealand postpones launch dates for four regional banking hub pilots

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Global Banking News - 19 June 2020

New Zealand has said that COVID-19 has prompted it to postpone the launch dates of four regional-banking hub pilots.

The pilot programme was to have allowed six banks to work together to provide banking services in regional New Zealand. The idea was in response to criticism that banks were closing branches without giving a thought to customers' inconveniences.

The regional banking hub initiative was...

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