The schemes can push people into financial hardship.
With fewer Kiwis wanting to use cash, the Reserve Bank is trying to figure out how the future of money will work.
The AM Show was joined by economist Cameron Bagrie.
A new report out Friday found the vast majority of Kiwis think prices will keep rising over the next 12 months.
Hong Kong's security chief sent letters to Jimmy Lai and branches of HSBC and Citibank in May threatening jail time.
TSB was told in 2019 it "continued to show inadequate and ineffective compliance with its AML/CFT obligations", the Reserve Bank said.
The scam was somehow sent from Westpac's actual text message number, making it look even more convincing.
The woman was asked to change her bank account following the death of her husband.
But first-home buyers hoping for a break might have to wait a bit longer yet.
Five KiwiSaver providers have been stripped of their default fund licences.
"The high cost of these fees puts added financial pressure on businesses."
How do Kiwis manage their money and does it bring happiness?
It says money transferred to some cards has not been registered, leaving accounts over limit and transactions declined.
Emerging economies are reshaping globalisation.
It rings alarm bells for one expert.
It comes after the Reserve Bank raised concerns about its risk governance processes.
The Reserve Bank has released its statistics for February.
The Reserve Bank (RBNZ) has ordered Westpac New Zealand to hold more cash.
For many years banks have been pulling out of small towns, blaming a lack of foot traffic and profitability.
"It's that continuing loss of services right across the spectrum in rural New Zealand."
Returns might still end up negative, thanks to inflation.
"A corrupt and failing financial system robs the poor and deprives the whole world."
The profits of the country's banks have fallen by more than a quarter over the past year amid the COVID-19 pandemic.
If they don't make it through the process before lending restrictions return they'll have to stump up twice the cash.
The bank - one of the world's biggest - had intended to send just $10.8m in interest payments.
"We believe that this movement to a cheque-less New Zealand has come too soon for many."
But for some of them the party's about to end.
Cash is changing hands less frequently than ever before.
The arrest was made as part of Strike Force Kerribee investigating an alleged crime syndicate.
"Policymakers and the public both need to be willing to accept.. gradual real house price declines."
