Posts Tagged ‘Consumer Data Right’
Can Canada agree on an approach to API standards?
Speakers from Mastercard, Avato, Raidiam, FDX and TD Bank discussed a single regulated standard versus market-driven standards at Open Banking Expo Canada.
Read MoreInsight: Open Banking in Canada – a pathway to success
With the implementation of Open Banking in Canada underway, it is an opportune time to reflect on the requirements for ecosystem participants to meet regulatory, technical, security and operational needs. How do we ensure that the industry continues to spur innovation and drive new product and service offerings?
Read MoreBrenton Charnley joins Mastercard Australia to head up Open Banking
The former chief executive officer of TrueLayer ANZ will oversee the growth of Mastercard’s Australian Open Banking offering.
Read MoreQ&A: League Data’s Carrie Forbes on the need for stronger data rights for Canadians
Carries Forbes, chief executive officer of League Data, explains what Canadian citizens stand to gain from Open Banking as she prepares to speak at Open Banking Expo Canada on June 15.
Read MoreInsight: Open Banking in Canada – the path forward
With the appointment of Abraham Tachjian as Canada’s Open Banking (OB) lead in March 2022, the CIO Strategy Council’s proposal on national standards, and the FDX technical standard’s growing influence in the market, Canada has been progressing in its journey towards a successful OB implementation. How will and should OB be different here than in other global implementations? What roles will ecosystem participants play in this new normal?
Read MoreAustralia’s Cuscal acquires Open Banking platform Basiq
Cuscal’s MD said the agreement will “cement our position as a leading provider of payments and regulated data services in Australia”.
Read MoreNatWest, 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 MorePlaid writes to CFPB with recommendations for consumer data access right
The Consumer Financial Protection Bureau invited stakeholder input last year, as it seeks to strengthen consumers’ access to their financial data.
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 More