legislation

Sep
11

Consumer Data Right legislation should make it easier to compare Fintech products, according to Australian government official

The Consumer Data Right legislation in Australia has been introduced to enhance the nation’s modern banking sector.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Sep
04

‘Buy now, pay later’ stars like Afterpay, Zip don’t need regulation, Senate inquiry into fintech says

Consumers don’t need to have legal protections when they use “buy now, pay later” services because those companies can just self-regulate: Senate inquiry

By Reposted by Australian FinTech | FinTech . Payments
DETAIL
Sep
03

Raiz backs Parliamentary inquiry rejecting calls to ban screen-scraping

Raiz Invest has welcomed the findings of a parliamentary committee that has rejected calls for an outright ban on screen-scraping.

By Australian FinTech | FinTech
DETAIL
Jun
19

The new age of consumer data rights: Where are we at?

From 1 July, major banks will start to share consumer data with accredited data recipients with the consent and at the request of customers.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
May
29

Regulatory sandbox to boost Fintech innovation and competition in the financial system

The Government is making it easier for fintech businesses to trial new products by finalising regulations that will establish an enhanced regulatory sandbox

By Australian FinTech | FinTech
DETAIL
May
27

ACCC launches Consumer Data Right platform

The ACCC launches the Consumer Data Right Register and Accreditation Application Platform to allow banks and fintechs to become accredited data recipients.

By Australian FinTech | Banking . FinTech
DETAIL
Apr
23

Industry support for consistent Advice Fee Consent approach

Licensees and platform providers have committed to defining a consistent industry approach to manage new requirements under proposed Advice Fee Consent legislation.

By Australian FinTech | FinTech
DETAIL
Mar
19

Open Banking delay fuels screen scraping stoush

The debate over the future of screen scraping in Australia is being complicated by the slow roll out of Australia’s open banking regime

By Reposted by Australian FinTech | Banking . FinTech
DETAIL