Data

Data breaches in the Australian finance sector has risen by 450 per cent since the April quarter, according to new statistics by the Office of the Australian Information Commissioner (OAIC).

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The Commonwealth Bank of Australia has harnessed distributed ledger technology in collaboration with supply chain partners to successfully track and deliver a trade shipment from Australia to Germany.

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New statistics has revealed that open banking remains largely unknown to the wider Australian population – and 2 in 3 are not open to sharing their data, anyway.

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Illion has created a new online budgeting tool that will give customers free access to their banking data as well as their credit scores across multiple financial institutions.

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The members of the committee that will advise the Data Standards Body to the Consumer Data Right have been named, with executives from the fintech sector among them.

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