Version 1.0.0 of the Consumer Data Standards has been released, from the release: Since the previous release on 17 July of the…

The most recent report on residential mortgage pricing, published by the competition regulator less than a year ago, rings ominous bells for the big banks as they prepare for another inquiry, announced on Monday.

Treasury and the competition and privacy regulators are preparing a communications blitz to encourage bank customers to use the government’s “open banking” policy to switch away from the major banks. […] “The expectation is as we get closer to the launch date [February for open banking], it will start to become more prevalent and widely known,” Stephen Bordignon, executive director for the CDR at the ACCC, told the Future Banking Forum.

LIXI Limited has released most of the presentations from the LIXI Forum 2019. This includes the Open Banking API Demo presentation from Biza.IO founder Stuart Low.

The round was led by US-based fintech funds Nyca Partners and QED Investors, along with support from many others, including: Citi Ventures, Commerce VC, Elefund, Horizons Ventures, Royal Bank of Canada, 500 Startups and several high profile angel investors such as Cris Conde, former CEO of Sungard, and Taavet Hinrikus, founder of Transferwise.

Fidel has announced an $18 million Series A round, its first major funding to make card payment data both more secure and more accessible, so that the fintech ecosystem can develop faster.

Listed fintech company Identitii has announced it has been selected by the Australian Competition and Consumer Commission (ACCC) as one of just 10 companies to test the Consumer Data Right (CDR) ecosystem, which will enable Australia’s incoming open banking regime scheduled to go live from February 2020.Identitii (ASX:ID8) says participation in the testing group positions the company as one of the first companies eligible to apply for accreditation under the CDR Rules to access open banking data when the regime is launched.

The Chairman of the Australian Government’s Data Standards Body is seeking Expressions of Interest for
membership to a new advisory committee for the energy sector. The new Energy Advisory Committee will
engage in the next phase of Consumer Data Right (CDR) work to improve the consumers’ ability to compare and
switch between products and services.

86 400, Frollo, Identitii, Procure Build, Quicka, Regional Australia Bank, Verifier Australia, Wildcard Money, Intuit and Moneytree. A group of ten fintech companies and start-ups have been chosen to test the open banking component of Australia’s consumer data right in the lead up to its launch in February 2020. Australia’s consumer watchdog advised the companies of their selection on Wednesday, a month after it went looking for organisations to help test the new data portability rules.