News

Latest news and updates from the API Centre

Aotearoa New Zealand open banking ecosystem map now live

The first-ever Aotearoa New Zealand Open Banking Ecosystem Map and Report has been unveiled at an industry event in Tāmaki Makaurau Auckland last night, Tuesday 5 Nov. 

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API Centre update – expiry of v1.0 Standards

The API Centre’s v1.0 Standards, deprecated earlier this year, will be expired from 30 May 2025. 

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Upgraded API Centre sandbox now live

Our upgraded API Centre sandbox is now live, providing an enhanced platform for testing open banking innovations against the latest industry API standards.

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Updated minimum open banking implementation plan published

The API Centre has published an updated Minimum Open Banking Implementation Plan which sets dates for Aotearoa New Zealand’s five largest banks to be ready to partner using updated open banking standards. 

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Open Banking Showcase shows the future of payments in action

Open banking solutions and the people making it happen took centre stage at yesterday’s Open Banking Showcase, delivered by the API Centre ahead of a key implementation date for open banking.

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Version 3.0 API standards released

We’re pleased to announce another milestone in the evolution of open banking in Aotearoa New Zealand, with the release of version 3.0 of our API standards.

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API Centre update - deprecation of v1.0 Standards

This update sets out information about the deprecation of version 1.0.0 of the Payments Initiation and Account Information API Standards (“v1.0 Standards”).

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Looking Ahead - Open Banking in Aotearoa New Zealand

In a new report, Looking Ahead – Open Banking in Aotearoa New Zealand, we undertake a fresh assessment of how the sector is placed, where it is headed next, and the evolving role of the centre into the future. 

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Payments NZ responds to draft Customer and Product Data Bill, commitment to open banking

Payments NZ welcomes the release of the exposure draft of the Customer and Product Data Bill, which will bring in a Consumer Data Right (CDR) for Aotearoa New Zealand.

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Submission on the Customer and Product Data Bill

Payments NZ made a submission on the exposure draft of the Customer and Product Data Bill, which will allow customers to safely access, and exchange data held about them.

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Open banking implementation timeline set for largest banks

Aotearoa New Zealand’s four largest banks will all be live with the Payments NZ API Centre’s open banking standards over the next 18 months. 

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2023 and beyond: Open Banking, here to stay

As Aotearoa New Zealand progresses its Consumer Data Right (CDR), the opportunity exists for right-sized regulation to complement the industry-led development and implementation of open banking in Aotearoa.

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Further reading
  • Available standards .

    Find out about the standards that have been published to date.

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  • Standards development

    Find out what’s in the development pipeline and who can comment on the plan.

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