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

Music by Levgen Poltavskyi from Pixabay

In this two-part episode of Open Banking Q&A with BlinkPay, we go straight to the source of Aotearoa’s new open banking regulations.

In Part One, Adrian sits down one-on-one with the Hon. Scott Simpson, Minister of Commerce and Consumer Affairs, to unpack what the newly signed regulations really mean for everyday New Zealanders.
From “making data work harder for Kiwis” to a vision of home-grown fintechs taking the world by storm, Minister Simpson shares candid reflections on:

  • Why the Government took a no-fees stance on open banking APIs.
  • How open banking could grow the economy and spark the next wave of Kiwi innovation.
  • What success looks like five years from now – from frictionless payments to smarter savings tools.
  • The role of trust, accreditation, and security in protecting customer data.
  • His call for Kiwi developers and entrepreneurs to “pick it up and run with it.”

Then in Part Two (to be released later this week), Adrian and Tim are joined by Alan Carnaby from MBIE to unpack the practical side — how the new Customer and Product Data Act will roll out in real life.
Together, they explore:

  • What “ready” really means for banks and fintechs by 1 December 2025.
  • The new accreditation regime and how MBIE will balance innovation with integrity.
  • Lessons learned from Australia and how New Zealand is designing for faster adoption.
  • Why MBIE is focused on critical mass and consumer trust – not just compliance.
  • The roadmap for extending open banking into other sectors like energy, insurance, and KiwiSaver.

From legislative intent to operational delivery, Episode 7 connects the dots between policy, practice, and people — and how Aotearoa’s open banking journey will evolve from regulation to real-world impact.

🎧 Tune in for a rare behind-the-scenes look at how government, industry, and innovators are building a smarter, safer, and more inclusive financial future for New Zealand.

👉 blinkpay.co.nz

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8 episodes