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Frollo backs regulator’s warning on CDR compliance

Australia’s largest accredited data recipient under the Consumer Data Right scheme has backed the regulator’s warning that it intends to take enforcement action to ensure compliance if the banks...

New ACCC chair Gina Cass-Gottlieb to focus on CDR and digital wallets

1 June 2022 | by Brandon How

New competition tsar Gina Cass-Gottlieb has outlined her priorities in the role, with a commitment to enforce the Consumer Data Right and protect consumer interests in the financial services...

Efficiency of Open Banking system improving

5 April 2022 | by Brandon How

A report from FinTech firm Frollo has revealed an improvement in data sharing through Australia’s Open Banking system. Frollo operates an Open Banking platform that facilitates the transfer of...

Non-bank lenders to join CDR under first ‘open finance’ expansion

16 March 2022 | by Joseph Brookes

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...

CDR benefits will be worth the five-year wait: Hume

24 February 2022 | by Joseph Brookes

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...

Gig Guide: Encore term for SA Chief Scientist

19 February 2022 | by Brandon How

South Australia has reappointed Chief Scientist Professor Caroline McMillen to the role for another three years. Professor McMillen has been in the role since October 2018 following her time...

Consumer Data Right lands in telecom; ‘Open Finance’ is next

24 January 2022 | by Brandon How

Consumers will have greater direct control over their own customer data held by internet providers and phone companies after the Treasurer on Monday designated telecommunications as the third sector...

Banks get CDR privacy ‘bedrock’ tick from regulator

23 November 2021 | by Joseph Brookes

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...

CDR to hit energy sector in October next year

15 November 2021 | by Joseph Brookes

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...

Minister flags ‘hyper-tailored’ retirement plans from CDR data

9 November 2021 | by Joseph Brookes

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...

Tag: consumer data right

Frollo backs regulator’s warning on CDR compliance

New ACCC chair Gina Cass-Gottlieb to focus on CDR and digital wallets

Efficiency of Open Banking system improving

Non-bank lenders to join CDR under first ‘open finance’ expansion

CDR benefits will be worth the five-year wait: Hume

Gig Guide: Encore term for SA Chief Scientist

Consumer Data Right lands in telecom; ‘Open Finance’ is next

Banks get CDR privacy ‘bedrock’ tick from regulator

CDR to hit energy sector in October next year

Minister flags ‘hyper-tailored’ retirement plans from CDR data

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Tag: consumer data right