Episode #: S01E07 – part 2
Hosts: Adrian Smith (CEO, BlinkPay) & Tim D’Shea (Head of Product, BlinkPay)

Music by Levgen Poltavskyi from Pixabay

In this second half of From Regulation to Reality, Adrian Smith and Tim D’Shea sit down with Alan Carnaby from the Ministry of Business, Innovation and Employment (MBIE) to unpack what the new open banking regulations mean in practice for banks, fintechs and everyday New Zealanders.

Alan shares how MBIE is turning policy into execution — balancing speed and security as Aotearoa moves toward a trusted, nationwide data ecosystem.

Together, they explore:

• What “ready” really looks like by 1 December 2025, when open banking goes live.
• How MBIE will measure success through critical mass adoption rather than check-box compliance.
• The importance of trust, consent, and accreditation in building public confidence.
• Lessons from Australia’s rollout and how New Zealand plans to leapfrog global peers.
• The next wave of opportunity — expanding open data beyond banking to energy, insurance and KiwiSaver.

Adrian and Tim also share BlinkPay’s perspective on what comes next for industry collaboration — from API standardisation to showcasing real-world use cases that deliver value for businesses and consumers alike.

🎧 Tune in for a ground-level look at how MBIE is helping Aotearoa transition from regulation to reality — and how open banking can set the foundation for a smarter, fairer financial future.

👉 blinkpay.co.nz