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Afternoons

Explainer: Open Banking is here - so what is it exactly?

02 Dec 2025

Description

This week open banking officially went live for customers of the big four banks. That's ANZ, ASB, BNZ & Westpac. If you bank elsewhere your bank might not have enabled it quite yet. But exactly what is open banking? And how will it make a difference to you? To find out, Jesse is joined by Josh Daniell from open banking company Akahu.

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