BNZ Mandatory Data Collection

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freitasm

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#3459396 6-Feb-2026 21:32

I will leave you with a saying that goes around in security circles: "you have to be right all the time, the bad actor only needs to be right once".

Those are the odds we are against.

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michaelmurfy

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#3459413 7-Feb-2026 00:34

TinyTim: And I appreciate all the information you've provided (far more than the bank). But I still don't know the risk: what's the chance of a false positive and what's the impact? (what's the bank going to do when it believes it's detected fraud?)

Depends on the bank but the fraud team will likely be involved...

Again, there is literally nothing to worry about.

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richms

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#3459467 7-Feb-2026 13:27

I'm just reminded of the time that I went to use my gem visa in store once and it didn't work because they decided that it needed to be turned off and the website and the app said nothing to me about that and I didn't hear from them till I submitted a request that my card was faulty. I had to end up paying for something on 4 other cards that time which was embarrassing when I could see in the app that I had crap-loads available to pay for it.

I don't like that banks and other places try to pass their insecurities onto me to deal with, and in the process claim that it is for my protection. No, it is for their protection because I am protected with the terms that say that I am protected.

Now it seems that with most of my cards every time I go to use them online they are bothering me with annoying checks like legacy SMS when they have a perfectly good app that runs on all my devices, or else other intrusive things. And it seems if you don't complete their random crap while ordering lunch online when you dont have your phone so cant get the code they sent without asking, then they will not allow saved card places to process till you try it again and complete their security charade.

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michaelmurfy

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#3459479 7-Feb-2026 15:13

richms:

I'm just reminded of the time that I went to use my gem visa in store once and it didn't work because they decided that it needed to be turned off and the website and the app said nothing to me about that and I didn't hear from them till I submitted a request that my card was faulty. I had to end up paying for something on 4 other cards that time which was embarrassing when I could see in the app that I had crap-loads available to pay for it.

I've experienced that too but did have a message asking if a transaction was indeed me. Once I replied with yes the card was instantly unblocked.

I don't like that banks and other places try to pass their insecurities onto me to deal with, and in the process claim that it is for my protection. No, it is for their protection because I am protected with the terms that say that I am protected.

Not quite... there are situations where you'll want edgy fraud protection to take care of it. It can also take time for a dispute to go through - what if somebody's debit card got stolen, used to the point the account was drained and this was the only money that person had? Those people don't have the funds to tie them over while a fraud investigation goes through in order to give them their money back. Fees and interest also pay for fraud and fraud is on the rise. If banks didn't invest in fraud protection then your fees will go up to cover it.

Now it seems that with most of my cards every time I go to use them online they are bothering me with annoying checks like legacy SMS when they have a perfectly good app that runs on all my devices, or else other intrusive things. And it seems if you don't complete their random crap while ordering lunch online when you dont have your phone so cant get the code they sent without asking, then they will not allow saved card places to process till you try it again and complete their security charade.

Not sure who you bank with but ANZ are using their app for these things and from what I understand many more notifications will start to go via the app soon:

I'm honestly not sure about your other statement as I've never experienced any of these problems with ANZ, ASB and BNZ...

Bank security is always going to be there. It seems your problems stem from not having your phone on you at all times but unfortunately everything is becoming more reliant on them.

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gzt

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#3459487 7-Feb-2026 15:31

Maybe the situation is slightly different with a less integrated player like Gem.

michaelmurfy

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#3459490 7-Feb-2026 15:46

gzt: Maybe the situation is slightly different with a less integrated player like Gem.

I'm pretty sure Gem message + call. It's much the same between providers these days.

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richms

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#3459514 7-Feb-2026 18:14

michaelmurfy:

gzt: Maybe the situation is slightly different with a less integrated player like Gem.

I'm pretty sure Gem message + call. It's much the same between providers these days.

Allegedly they do call, but I had no trace of it on my phone, even in the blocked list which does tell me about all the calls it rejects from the list of prefixes. None around the time that the transaction failed.

It was actually an amazon transaction that did not go thru after I tried to buy some food at work but did not have my phone on me to get the SMS.

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freitasm

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#3460111 10-Feb-2026 04:34

I guess you will have to stop using Discord, OP

https://www.theverge.com/tech/875309/discord-age-verification-global-roll-out

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