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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.
‘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
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.
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.
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
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.
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.
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