Pay-day loan companies and other non-bank lenders will be added to Australia’s data portability scheme under the federal government’s plan to expand the Consumer Data Right across the finance...
Consumers will begin to see benefits of Australia’s data portability by next year after a half-decade “build phase”, according to Minister for Financial Services and the Digital Economy Jane...
There was an uptick in data breaches in the second half of 2021 but an overall drop compared to the previous year, according to the privacy watchdog’s end of...
Australian FinTechs have welcomed the latest expansion of Australia’s data portability scheme which will allow companies to act on behalf of consumers in certain situations like making payments, opening...
Australia’s privacy watchdog found no areas of high privacy risk in an assessment of the Big Four banks’ Consumer Data Right policies and practices but did identify at least...
Australia’s data portability scheme will be applied to the energy sector within a year under the latest government rule changes, announced Friday. From October 2022, energy providers will be...
Australia’s new data portability scheme could lead to “hyper-tailored” retirement income based on a person’s insurance, health and financial data, according to the minister leading the initiative. In a...
“I love deadlines. I love the whooshing noise they make as they go by,” said Douglas Adams, the iconic author of The Hitchhiker’s Guide to the Galaxy. But for...
The federal government needs to get on the front foot and prepare for Big Tech to try to get involved with the Consumer Data Right scheme in order to...
Australia’s FinTech and neobank industry is growing frustrated at the slow pace and arduous requirements of the Consumer Data Right (CDR) – once heralded as a landmark reform –...