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Incumbent banks need to leverage data technology to improve product innovations and stay ahead of upstart challengers, according to an enterprise data company.
Write comment (0 Comments)There has been a rise in demand for data remediation experts in the financial services sector post-royal commission, according to an industry law expert, as companies rush to fix their systemic errors.
Write comment (0 Comments)The regulators have told the fintech Senate committee they do not feel a need to block firms from accessing banking data through screen scraping, despite objections from major finance institutions.
Write comment (0 Comments)The consumer data right (CDR) rules have come into effect, marking a milestone in the progress of Australia’s open banking regime.
Write comment (0 Comments)Investment app Raiz Invest has blasted the open banking regime and pushed for an overhaul of regulatory processes, saying the measures have stifled competition in favor of the major banks.
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