BlinkPay

We're excited to share that BlinkPay has successfully re-certified under the latest ISO 27001:2022 standard! It might not sound like the 'sexiest' news in open banking, but believe us, it’s a huge deal for our customers and partners, so we're pretty excited about it! ISO 27001 is the global gold standard for managing information security. It provides a framework that helps businesses protect sensitive information, ensuring that we have the right safeguards in place to keep data secure and reduce risks. The updated 2022 version introduces new improvements, especially around cloud security and privacy, helping us stay at the forefront of today’s cybersecurity challenges. We've held this certification for years, and re-certifying under the updated standard is a big win that reflects our ongoing commitment to security and best practices. With data protection more important than ever, this achievement underscores our dedication to excellence and proves we’re always striving to do things the right way. This milestone is also one of the key reasons we've been able to secure commercial agreements with Aotearoa’s big four banks, reinforcing the trust they place in us and inspiring us to keep delivering secure, innovative payment solutions. A big shout-out to our incredible team for living up to these high standards every day. You make it all happen, and we couldn’t do it without you!

Where did the time go? 👀 Only 30 working days until 30-November, and the availability of the account information APIs from the major banks! We've been beavering away on our product solutions enabled by open banking data, and can't wait to bring them to market as soon as all of the data connections are available. As ever, if you want to have a chat about what the data APIs will enable, please feel free to email us at contact@blinkpay.co.nz. Jody Bullen | Russell Briant | Josh Daniell | Ashley Lake-Johns | Ara Krishnaraj | Claudius van Wyk | Jason Murray | Moira Kilpatrick | David Thorpe | Tina Groark | Jade Coyle | Angela Woodford | Russell Jones (he/him) | Dan Symons | Marty Sellwood | Chris Barton | Bojan Suleski | Jo Phillips | Wayne Deas, MInstD | Nigel Somerfield | Paul Wilson | Will M. | Phil Cass | Steve Wiggins | Jane-Renee Retimana | Marty Cohen Cubitt | Matthew Lewer | John Small | James McCann | Jack Callister | Tim D'Shea | Julia N. | Holly Rennie | Brian Bonar | Andrew Bayly | Tim Duston

At BlinkPay, we’re on a mission to show Kiwis what Open Banking can do, and how it puts them in control of their data—and we’re building the products to support that vision. A recent survey from one of our four banking partners, Bank of New Zealand, shows there’s still a big knowledge gap around this game-changing technology. To build trust and get more people using Open Banking, we need to prioritise education. Got questions? At BlinkPay, we're always keen for a kōrero, so get in touch anytime! Read more: https://hubs.li/Q02RXktW0

If you're a Xero customer using Blink PayNow, we have good news for you! We’re excited to announce that ANZ is now live in our payment gateway! Your customers banking with any of the four major NZ banks—ANZ, ASB, BNZ, or Westpac—can now pay you directly, securely, and instantly via Blink PayNow Even better, payments made through BlinkPay are automatically matched in Xero, making reconciliation quick and hassle-free. If you're not seeing the "Pay by BlinkPay" button on your Xero invoices yet, sign up via our BlinkPay website today - it's a quick and easy process!

Data sovereignty is a hot topic, and the Customer Data and Product Bill, which is currently before Select Committee, has definitely sparked our interest at BlinkPay. Check out this article, where our Co-founder and Chief Product Officer, Adrian Smith, shares insights on what we believe the Bill needs to cover to ensure effectiveness and build consumer trust.  https://hubs.li/Q02QSj7B0

I was a little star struck in this interview with RNZ's Nathan Rarere 🤩 And he does a great job (imo) of zooming in on what #openbanking will mean for everyday NZers 👏 👏 👏

Is your payment provider letting you down when it matters most? Nearly a third of New Zealand businesses report challenges with the lack of support from their payment service providers. Issues become even more complex with systems relying on outdated screenscrapers, leaving businesses vulnerable to disruptions and unresolved problems. Open banking offers a smarter solution. In our latest report, Unlocking Potential: Open Banking’s Answer to Merchant Payment Challenges in Aotearoa, we highlight how bilateral agreements between banks and API providers create a more reliable and secure payment infrastructure. Unlike screenscrapers, these agreements ensure direct, supported connections that keep your business running smoothly, even when challenges arise. Discover how open banking can give your business the support it deserves. Download our report today. https://hubs.li/Q02M-nnG0

Are customer disputes draining your time and resources? We’ve highlighted the immense costs New Zealand businesses face, from merchant fees to chasing late payments. But there’s another silent cost quietly eroding your bottom line: customer disputes. According to our latest research, a third of New Zealand businesses report significant challenges with disputed transactions—where a customer contests a charge, often leading to costly chargebacks. These disputes don’t just hit your revenue; they also strain client relationships and damage reputations. What’s worse? Many of these disputes stem from simple misunderstandings or errors that could be easily resolved with better transparency and communication. So, how can businesses in Aotearoa address this? Our report, Unlocking Potential: Open Banking’s Answer to Merchant Payment Challenges in Aotearoa, dives into how open banking can reduce disputes and chargebacks. Spoiler alert: With enhanced data sharing and real-time transaction monitoring, businesses can prevent disputes before they start and maintain strong customer relationships. Download the report today to gain deeper insights into how open banking can make your business’s life easier. https://hubs.li/Q02M-n_Z0

Here’s something that likely won't come as a surprise: Our latest research shows that nearly a third of New Zealand businesses are encountering serious business challenges related to fraud and security, with risks escalating as digital transactions grow. From phishing scams to unauthorised access, these challenges are putting hard-earned revenues at risk. At BlinkPay, we’re acutely aware of the need for stronger security measures to protect businesses. That’s why our latest report, Unlocking Potential: Open Banking’s Answer to Merchant Payment Challenges in Aotearoa, delves into how open banking can bolster security, reduce fraud, and give businesses the confidence to thrive in the digital age. Download the report below to delve into these merchant pain points in more detail, and discover how open banking can protect your business and keep you ahead of emerging threats. https://hubs.li/Q02Mt7xk0

I recently had the pleasure of sitting down with Ben Moore over a coffee (at Kōkako) to discuss the future of #openbanking and what it might mean for Aotearoa, and his article below is the synthesis of this kōrerorero (conversation). #OpenBanking #Fintech #Innovation #FinancialInclusion