Basiq: How updates to the Consumer Data Right rules ‘sponsor’ a more inclusive Open Banking ecosystem
The Government has just taken a big step forward in facilitating a more inclusive Open Banking ecosystem by formalising a Sponsorship model under the CDR.
Brokers to access CDR data
The government has made changes to the open banking regime, including opening up consumer data to mortgage brokers.
Novatti closes $10.5m Series A funding round
Leading Australian fintech Novatti has closed a $10.5 million Series A funding round for its new banking business.
Former consumer neobank Archa pivots to launch Australia’s first smart business credit card
Fintech startup Archa has launched a smart business credit card and spend management platform, said to be the first of its kind in Australia.
TrueLayer launches its global Open Banking Platform in Australia
TrueLayer, the global open banking pioneer, has announced the launch in Australia of its global Open Banking Platform.
Webinar: Demystifying Open Banking and Accreditation Under the CDR
You’re invited to the Envestnet | Yodlee and RFi Group exclusive webinar: “Demystifying Open Banking and Accreditation Under the CDR”.
APAC banks lagging behind in digital transformation
Without digital transformation some APAC banks believe they will cease to exist within the next five to ten years if they don’t change the way they operate.
Bank Statements v Credit Reports
Your bank account information doesn’t show up on your credit report, nor does it impact your credit score. So why use a credit report first, when bank statement analysis can give you up-to-date, clear, and valuable information to determine whether you can take on more debt. Every time you apply for a phone, internet, or credit of any kind, an entry is made on your credit report. If you are denied or your service is cancelled or overdue, it can and is usually added to your report, affecting your credit score and what lenders will offer you. Depending on the credit reporting agency that is used, your score will be […]
