Posts Tagged ‘CDR’
NatWest, NAB call for UK and Australia to embed digital identity to ‘scale’ Open Banking
A joint report from the banks explores the “common threads that bind” both Australia’s CDR and the UK’s Open Banking regime.
Read MoreFinTech Australia, FDATA ANZ write to ACCC about CDR rules ‘breach’ by ING and call for action
In a joint statement, the organisations have raised “serious concerns” about the bank’s decision to transition to a new Consumer Data Right solution, but ING said its update will “ultimately enhance the Open Banking experience”.
Read MoreOpen Banking in Australia hampered by ‘data reliability’ and implementation issues
Open Finance Advisors’ report on the Australian Open Banking ecosystem found that banks are “slow” to become Accredited Data Recipients.
Read MoreEx-TrueLayer ANZ CEO Brenton Charnley launches Open Finance Advisors
The new firm will help businesses “get ready” for the Consumer Data Right and develop their Open Banking strategy.
Read MoreNew Zealand Government says CDR framework will apply to banks first
The banking sector is “a natural starting point” for rolling out consumer data rights, according to the Minister of Commerce and Consumer Affairs.
Read MoreAustralia’s Biza appoints Rob Hale as CTO
Hale joins from TrueLayer and is a member of the Data Standards Body’s CDR Banking Advisory Committee.
Read MoreDouugh chooses TrueLayer for Open Banking data access under Australia’s CDR
Banking app Douugh will become a CDR representative of TrueLayer in Australia.
Read MoreBeyond Bank chooses Frollo’s CDR gateway for Open Banking
Builds on existing relationship between the two companies, with Australia’s Beyond Bank already using Frollo’s PFM platform to launch a financial wellbeing app.
Read MoreAustralian banks and fintechs poised to use Open Banking data
A new report published by Frollo revealed that 76% of fintechs want to start using Open Banking in the next 12 months, while 66% of banks and lenders plan to use CDR data over the same period.
Read MoreRob Hale joins TrueLayer in Australia
The former chief digital officer at Regional Australia Bank has been appointed by Truelayer as head of banking in Australia, following its accreditation by the Australian Competition and Consumer Commission in September.
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