Tag: open banking

Open banking: Lessons from UK

Posted on   |  by James Riley
While the government’s unveiling of a framework and timeline for an opening scheme marked an important milestone, the hard work is still to come, UK Banking Industry head of...

Govt backs open banking framework

Posted on   |  by James Riley
FinTechs left disappointed by a lack of further open banking announcements in Tuesday’s budget only had to wait until the next day for the big reveal. The federal government...

Open banking and digital identity

Posted on   |  by James Riley
Consumer interest in understanding their relationship with their financial services provider has never been higher. Yet at present, there is a fundamental disconnect between what consumers can access in...

On the road to open banking

Posted on   |  by James Riley
Australian banks are working hard to get ahead of regulators and scrutinise their cyber security procedures in line with a global financial community still haunted by the $US81 million...

FB drama hits open banking

Posted on   |  by James Riley
The Australian FinTech community has hit back at attempts by the big banks to use the recent Facebook data harvesting scandal as evidence the open banking movement should be...

ANZ bank joins the data republic

Posted on   |  by James Riley
ANZ bank has hopped aboard Data Republic’s information sharing platform, joining earlier entrants Westpac and NAB as Australia’s move to an open banking regime speeds up. Data Republic scores...

Report: All green for Open Banking

Posted on   |  by James Riley
Treasurer Scott Morrison says the government’s planned ‘open banking’ regulatory regime would give customers greater access and control of their data and would “revolutionise” the financial services sector. People...

Angus Taylor on data regulation

Posted on   |  by James Riley
The government will look to regulate the use of individuals’ data by tech giants like Google and Apple if the private sector can’t enforce its own standards, Assistant Minister...

Macquarie’s open bank initiative

Posted on   |  by James Riley
Macquarie has launched an ‘Australian-first’ open banking platform, letting its customers to share their own data with local FinTech startups. The API-driven open banking platform gives customers the option to...
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