Uptake of Consumer Data Right
The latest Consumer Data Right statistics.
On this page I tēnei whārangi
Summary
These metrics provide a snapshot of regulated open banking activity in New Zealand. They show how many accredited requestors are participating and how customer data sharing and payments made through regulated open banking are growing over time.
August data shows continued growth and momentum in the use of regulated open banking, with marked increases across data sharing, payments and accredited requestor participation. This growth is being driven by more organisations offering regulated open banking services and by more customers using them to securely share data and make payments.
In August, more than 24 million requests to securely share banking data were processed.
More than 556,000 open banking payment requests were processed in August, with a combined value of over $158 million. This is an increase of 147,848 payment requests (36% growth) worth over $28 million (22% growth) since July.
14 organisations have been approved as accredited requestors for regulated open banking under the Customer and Product Data Act 2025. This is an increase of 6 new organisations since May. These organisations can, with a customer's authorisation, securely share a customer’s banking information or initiate payments on their behalf.
- There were 14 accredited requestors at the end of August.
- More accredited requestors means more businesses can offer a wider range of consumer products and services using regulated open banking.
- Eleven of the accredited requestors are acting as an intermediary.
- Intermediary accredited requestors act on behalf of other organisations (called “fourth parties”) to request and share data securely, extending the availability of regulated open banking services to more businesses in New Zealand.
- More businesses and consumers are using regulated open banking as a payment option.
- There were over 556,000 successful API calls for payment transactions during August. This represents an increase of 36% from July 2026.
- June saw the introduction of Kiwibank into regulated open banking payments.
- The value of payments made through regulated open banking continued to grow in August, reaching more than $158 million. This represents a 22% increase since July 2026.
- June saw the introduction of Kiwibank into regulated open banking payments.
- Increasing data sharing requests indicate growing adoption of services that help customers securely share their banking information with trusted providers.
- More than 24 million requests to securely share banking data were processed in August.
- This is an increase of more than 5.4 million requests (28%) since July.
Note
Full data reporting for regulated open banking uptake commenced from May 2026. Reported metrics may change over time. Reporting from data holders is requested for activity by accredited requestors only and regulated APIs.
It should be noted that the figures contributed by a single data holder may, in a very limited number of cases, include the use of non-accredited requestors. This anomaly will be addressed as a priority.
MBIE endeavours, to the best of its knowledge and ability, to ensure the data provided and published is accurate. However, as the data is received from external sources, MBIE does not warrant that it is accurate or complete. The data may be changed, deleted, added to or otherwise amended at any time as new information becomes available.