In a crucial step towards reducing scams, banks will introduce a Confirmation of Payee system next month to be fully in place by Easter of next year. 

The system notifies a customer if the name and account they are transferring money into don't match up. 

Similar schemes have been successful in Australia and the United Kingdom. 

New Zealand Banking Association Chief Executive Roger Beaumont joins Francesca Rudkin with more on how it works. 

LISTEN ABOVE

In a crucial step towards reducing scams, banks will introduce a Confirmation of Payee system next month to be fully in place by Easter of next year.&nbsp;
The system notifies a customer if the name and account they are transferring money into don't match up.&nbsp;
Similar schemes have been successful in Australia and the United Kingdom.&nbsp;
New Zealand Banking Association Chief Executive Roger Beaumont joins Francesca Rudkin with more on how it works.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Roger Beaumont: Banks to introduce Confirmation of Payee system

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5cfdc5a5-1b91-490e-bfd5-b205006b0ab3/transcript

On the Heather du Plessis-Allan Drive with Francesca Rudkin Full Show Podcast for Thursday 10 October 2024, Hurricane Milton has made landfall in Florida as a Category 3 storm. Channel Nine reporter Alison Piotrowski joins Francesca out of Tampa with an update on the latest conditions.

Finance Minister Nicola Willis discusses the deepening deficit on the Crown books, after Treasury revealed the Government's operating balance was $1.8 billion worse than forecast at the Budget in May.

Francesca considers the ethical obligation of production companies developing projects on the high profile murder trial of Philip Polkinghorne. Professor of Media and Communications at University of Canterbury Donald Matheson says the projects are coming "way too soon".

And, Wellington councillor Ben McNulty reacts to the decision not to sell Wellington airport shares.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

On the Heather du Plessis-Allan Drive with Francesca Rudkin Full Show Podcast for Thursday 10 October 2024, Hurricane Milton has made landfall in Florida as a Category 3 storm. Channel Nine reporter Alison Piotrowski joins Francesca out of Tampa with an update on the latest conditions.
Finance Minister Nicola Willis discusses the deepening deficit on the Crown books, after Treasury revealed the Government's operating balance was $1.8 billion worse than forecast at the Budget in May.
Francesca considers the ethical obligation of production companies developing projects on the high profile murder trial of Philip Polkinghorne. Professor of Media and Communications at University of Canterbury Donald Matheson says the projects are coming "way too soon".
And, Wellington councillor Ben McNulty reacts to the decision not to sell Wellington airport shares.
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

Full Show Podcast: 10 October 2024 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7ad931d3-9b36-424f-877f-b20500662fa9/transcript

Wellington City Councillors have voted against selling it's airport shares. 

Council currently owns a 34% stake in Wellington Airport, and the shares needed to be sold in order to make it's recently adopted long-term plan viable. 

Wellington City Councillor Ben McNulty joins Francesca Rudkin to discuss what this means for the council.

LISTEN ABOVE

Wellington City Councillors have voted against selling it's airport shares.&nbsp;
Council currently owns a 34% stake in Wellington Airport, and the shares needed to be sold in order to make it's recently adopted long-term plan viable.&nbsp;
Wellington City Councillor Ben McNulty joins Francesca Rudkin to discuss what this means for the council.
LISTEN ABOVE

Ben McNulty: Wellington City Council votes against selling airport shares

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4167c99c-6be6-499f-982a-b205005aaf72/transcript

Tonight on the Huddle, former Labour Chief of Staff Mike Munro and KiwiBlog & Curia Pollster David Farrar joined in on a discussion about the following issues of the day - and more!

The Mysterious Death of Pauline Hanna is a TV drama announced by South Pacific Pictures, centred around the Polkinghorne trial.

The Government deficit widens by more than expected, mostly due to Health NZ and higher costs relating to ACC claims. 

Community advocate Dave Letele is being forced to shut down his South Auckland foodbank due to lack of funding. 

Hurricane Milton makes landfall in Florida, devastating the state in the early stages. 

Wellington City Council is set to vote on what it will do with it's share in Wellington Airport. 

LISTEN ABOVE

Tonight on the Huddle, former Labour Chief of Staff Mike Munro and KiwiBlog &amp; Curia Pollster David Farrar joined in on a discussion about the following issues of the day - and more!
The Mysterious Death of Pauline Hanna is a TV drama announced by South Pacific Pictures, centred around the Polkinghorne trial.
The Government deficit widens by more than expected, mostly due to Health NZ and higher costs relating to ACC claims.&nbsp;
Community advocate Dave Letele is being forced to shut down his South Auckland foodbank due to lack of funding.&nbsp;
Hurricane Milton makes landfall in Florida, devastating the state in the early stages.&nbsp;
Wellington City Council is set to vote on what it will do with it's share in Wellington Airport.&nbsp;
LISTEN ABOVE

The Huddle: Has crime drama TV gone too far?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c5517065-b883-4668-8af0-b20500580764/transcript

Roger Beaumont: Banks to introduce Confirmation of Payee system

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