Business podcast: Inside open banking
Banks are powerful and it's hard to change banks. Jenee Tibshraeny investigates open banking in this week's feature in Two Cents Worth. She looks at how banks are set to face stiff competition from fintechs they're being forced to share their data with.
Elsewhere in this week’s Two Cent’s Worth podcast, the panel of Jenee, Bernard Hickey and Gyles Beckford look at Fonterra's plans to sell TipTop and at its strategy in China, along with the Government's likely infrastructure announcements this week.
Two Cents' Worth has been launched by Newsroom in a co-production with RNZ. It is the country's first weekly business podcast and will be broadcast just after the midday news on Sundays on RNZ National, will be available on both RNZ and Newsroom's websites - and we plan to make it available on iTunes from later on Fridays.
Each week we will examine one issue in depth and then convene a panel discussion.
Two Cents' Worth - the business week and the business outlook. Previous episodes are below.
Episode 1: Sunday November 4. The rise of double cab utes, the TAB's big profit and a threat to small electricity retailers.
Episode 2: Sunday November 11. Why your first job is crucial, why interest rates are so low and why wholesale power prices are so high
Episode 3: Sunday November 18. Inside a zombie town as its mill faces a closure decision, how a New Zealand company won big in Singles day and the future of Vector after the departure of chairman Michael Stiassny.
Episode 4: Sunday November 26: The rule of 8s and Trade Me’s big buyer