open banking

Jul
03

Banks could implement an open banking solution in three months

Australia’s banks could implement a solution in three months that meets ACCC’s Open Banking pilot regime protocols and ASIC’s new responsible lending principles

By Australian FinTech | Banking . FinTech
DETAIL
Jul
02

Industries leaders express their views on Australia’s open banking regime

Australia’s open banking regime commenced yesterday, 1 July, 2019. Here’s what some of the industry leaders had to say about the launch.

By Australian FinTech | Banking . FinTech
DETAIL
Jul
01

Why Australia can be an open banking leader

The concept of open banking is hardly new because some fintechs have been using account aggregation in their business models for more than a decade.

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

‘Open banking’ era dawns in Australia

Open banking is a seismic shift in retail banking driven by regulatory changes, changing consumer preferences, and technology-enabled innovation.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jun
25

Major banks delaying open banking

One fintech leader has suggested that the open banking delay will continue due to the major banks not wanting to face the challenge.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jun
21

Open banking opens the way for neobanks

With the new open banking policy set to take effect July 1, neobanks could soon become the more popular choice for Aussies over the big four.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
Jun
19

Derived data to be included in open banking: Treasury

Derived data exists in the 1988 Privacy Act and refers to any data that is not raw; for instance, data that is changed from one format to another.

By Reposted by Australian FinTech | Banking . FinTech
DETAIL
May
23

APIs and digital transformation will be key in the mortgage market, says IRESS

IRESS says that API’s, digital transformation and robo-advice have dominated the survey as areas which lenders believe will impact the mortgage market.

By Reposted by Australian FinTech | FinTech . Mortgage
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