Blogs

The retail banking environment is changing and Australia’s notoriously steady banking sector has never been more disrupted.

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When it began operating in the United Kingdom in mid-January, open banking captured the attention of financial markets around the world. Pressure is now growing to adopt a similar strategy in Australia.

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With the modern business world increasingly reliant on digital processes, organisations are finding themselves struggling to manage and extract value from ever-growing volumes of data.

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We are often told that regulation and technology are the key drivers of change in banking. This maxim remains true in 2018, but it can distract from a more critical insight.

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Data-as-a-service (DaaS) has been around as a concept for a few years, but it’s still a new term for many organisations.

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