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1、KPMG.Make the Difference.Navigating tomorrowBeyond borders:How technology,AI and regulation are redefining financial servicesNovember 2025ForewordThe financial services industry in Aotearoa New Zealand is navigating the currents of change.Driven by rapid technological innovation,evolving customer ex
2、pectations and a shifting regulatory landscape,the future of finance in our country needs to be reimagined.Financial services are no longer confined to traditional institutions or physical branches.The sector is at a pivotal juncture,where the convergence of technology,data,evolving regulation and s
3、hifting customer expectations is creating both unprecedented opportunities and complex challenges.As digital-native competitors and tech giants encroach on traditional territory,financial institutions must rethink their value propositions,operating models and strategic priorities to serve,innovate a
4、nd lead in Aotearoa New Zealand.We spoke with local banking and financial sector leaders to understand what they have been experiencing and what the sector needs to embrace,to ensure the future success of our country.At KPMG,we believe that the future belongs to those who are bold enough to embrace
5、transformation,and collaborative enough to shape it together.In this second edition of“Navigating Tomorrow”we draw on the insights and experiences of leaders across the sector,highlighting the challenges we face and the opportunities that lie ahead.We continue to explore critical dimensions shaping
6、the future of the sector both here and globally:the strategic integration of artificial intelligence(AI)the evolution of embedded finance and the role of fintechs the growth in digital assets.Nicola Raynes-PenePartnerNational Industry Leader Financial Services KPMG New ZealandConsidering these,we al