Japan’s effort to nudge its more than 100 struggling regional lenders into the digital age is floundering. More than a year after…
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Brisbane Times: Canberra urged to join the data sharing action
by Site Adminby Site AdminThe Commonwealth Bank is urging the government to consider allowing people to share personal data held by public agencies, saying it could…
- Government News
IT News: Treasury probes the fight for the ‘write’ to access your payments
by Site Adminby Site AdminThe federal government has opened the door to relaxing merchant and buy-now pay-later access to everyday people’s bank accounts, confirming the highly…
- Government News
Treasurer formally announces enquiry into enabling Write Access in the CDR
by Site Adminby Site AdminThe Morrison Government is continuing to give consumers more power over their own data by undertaking an inquiry to examine further ways in which the Consumer Data Right (CDR) can further support innovation and competition.
- Government News
New ‘data right’ inquiry could wrest payments function from banks
by Site Adminby Site AdminThe Morrison government will consider letting non-banks initiate payments under its “open banking” regime, a move that could wrest control of a…
- FinTech NewsIndustry News
ITNews: Former ACSC chief MacGibbon blasts calls to legitimise screen scrapers
by Site Adminby Site AdminAustralia’s high profile former cybersecurity tsar Alastair MacGibbon has waded into the increasingly heated debate over the use of screen scrapers by…
Current laws and regulations aren’t enough to stop FinTechs shirking the new Consumer Data Right rules, according to two major consumer groups.…
Open banking has been touted as a game changer for the lending industry for months now, with resources swirling around covering what…
New data from security and content delivery company Akamai shows that one in every five attempts to gain unauthorised access to user…
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.
Some of Australia’s largest banks removed cyber security talent from their respective consumer data right projects in anticipation of heightened cyber security threats during the coronavirus pandemic, the country’s competition regulator has revealed.
iTWire: Open Banking promises innovation & competition, says Emerging Payments Association Asia
Open banking promises innovation and competition, more seamless and frictionless user experiences, according to newly published research by the Emerging Payments Association Asia…