A new report has projected the total cost of financial crime compliance globally now amounts to $282 billion (US$180.9 billion), with a call for institutions to level up their technology.
Write comment (0 Comments)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.
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