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Catherine McGrath: Westpac chief executive on the bank's plan to launch new 'basic' bank accounts

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Manage episode 462210169 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.

A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services.

The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking.

Chief executive Catherine McGrath says it matches a UK offering, with specific features.

"The don't have overdrafts, the types of transactions can be a bit restricted."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

8541 episodes

Artwork
iconShare
 
Manage episode 462210169 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.

A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services.

The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking.

Chief executive Catherine McGrath says it matches a UK offering, with specific features.

"The don't have overdrafts, the types of transactions can be a bit restricted."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

8541 episodes

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