Biza.io, thought leaders in Australia’s Open Banking sector, today announced the Beta launch of DataRight.io Lab (https://dataright.io/lab), Australia’s first Consumer Data Right (CDR) Compliant Open Banking Testing Sandbox.

The cloud-based solution, focused on three key themes of Discover, Build and Comply, allows for rapid deployment of many customised environments simulating the CDR, empowering organisations to begin testing their implementations specific to their required use cases.

The OpenID Foundation has launched a new microsite focused on global open banking initiatives and providing resources for fintech developers implementing the…

Banking software provider Temenos has nabbed a former Microsoft digital strategy director to be its new managing director for Australia, New Zealand and the Pacific Islands.

Knowledge about Australia’s sweeping open banking regime, which begins in two months, is at dramatically low levels, a new survey has found.…

The Senate Select Committee on Financial Technology and Regulatory Technology (the Committee) is considering the current and future government approach to FinTech and RegTech in Australia, and is inviting submissions until 31 December 2019.

The landscape in the banking sector is changing with the introduction of open banking and it could prove advantageous for the smaller players. Open banking was introduced back in August with the promise consumers would have control over the data banks had on them.

The Consumer Data Right legislation will facilitate transportation of data. However will it lead to greater competition amongst financial products in Australia?…

Microsoft chief executive Satya Nadella has urged government’s to play a greater role in controlling and protecting the use of citizens’ personal…