Westpac comes to the party
Two weeks ago I spoke on the radio about the risks of online banking, especially since the New Zealand Bankers’ Association is trying to make you liable for the risks if your PC isn’t secure. Westpac has broken ranks with the NZBA and introduced an online guarantee which says, essentially, they will cover fraud in your online banking unless you have been really reckless or criminal. Good on Westpac!
Let’s see the other banks look after their customers as well.