NAB and BNZ Accelerate Innovation Through Trans-Tasman Partnership

Reuters
Yesterday
NAB and BNZ Accelerate Innovation Through Trans-Tasman Partnership

National Australia Bank Ltd. (NAB) and Bank of New Zealand (BNZ) have strengthened their partnership through enhanced collaboration on technology and innovation. Leaders from both banks, NAB Enterprise Technology Executive Steve Day and BNZ Chief Information Officer Paul Norman, highlighted that working together enables faster delivery of new products, improved security, and more resilient banking services for customers. By sharing learnings and experimenting in parallel, both organisations can innovate more efficiently while managing risks and reducing duplication. The partnership allows BNZ to leverage NAB's scale, while both banks benefit from groupwide technology rollouts and shared insights, resulting in a stronger and more modern technology foundation across both institutions.

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