Mentions in press and media 10
| Date | Title | Description |
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| Sep 15, 2023 | Australia’s Financial Technology Startups Are Changing How Banks and Financial Institutions Procure New Tech | The fintech sector has been a leading source of tech startup success in the Australian market. The sector is also a clear example of how technology buyers are changing the way they interact with startups. While local fintechs originally eme... |
| May 30, 2023 | Industry players call for clearer CDR roadmap | FinTech Australia and Financial Data and Technology Association (FDATA) have called for the government to develop a consolidated industry consumer data right (CDR) roadmap. According to the two industry players, there is a lack of clarity a... |
| Mar 22, 2023 | Open Banking in APAC: Market-Led vs Regulator-Led Approaches | Open banking is steadily making its way into Asia-Pacific (APAC), and though the industry remains largely nascent compared with pioneers like to European Union, adoption is increasing at a stable pace, enabled by new regulatory frameworks a... |
| Dec 16, 2022 | ING Bank fined for allegedly missing CDR deadlines | ING Bank has paid the Australian Competition and Consumer Commission (ACCC) $53,280 in penalties for alleged missing deadlines related to the consumer data right (CDR). The mandated government scheme across both the banking and energy secto... |
| Sep 19, 2022 | Telstra is already building for the consumer data right | Telstra and its brands are already working on the "technical build" that will enable their participation and compliance with the consumer data right (CDR). News of the work coincided with the government's release of draft rules fo... |
| Aug 17, 2022 | P&N Group lands Great Southern Bank head of open banking | Police & Nurses Group (P&N Group) has appointed former Great Southern Bank head of open banking Chris Malcolm to lead its customer-focused data strategy. Malcolm stepped into the role this month as the new general manager of data an... |
| Jul 1, 2021 | Open banking regime enters next phase as tier two lenders join | Australia’s open banking scheme has reached its next major milestone, with all banks and credit unions now expected to share basic consumer data with individuals and registered data holders. From today, non-major authorised deposit-taking i... |
| Jun 21, 2021 | Tyro Payments becomes accredited data holder | Eftpos provider Tyro Payments has joined a growing list of financial organisations in becoming an accredited data holder under the consumer data right (CDR). Tyro, which has been a non-major authorised deposit-taking institution (ADI) since... |
| Mar 3, 2021 | CBA becomes first 'Big 4' data recipient under CDR | The Commonwealth Bank has become the first of the 'Big 4' banks to become an accredited data recipient under the federal government’s consumer data right (CDR) scheme. The bank was officially accredited by the Australian Competition and Con... |
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FAQ about Consumer Data Right
What has the press written about Consumer Data Right?
Parsers VC has collected 10 articles mentioning Consumer Data Right, among them “Australia’s Financial Technology Startups Are Changing How Banks and Financial Institutions Procure New Tech” (Sep 15, 2023) and “Industry players call for clearer CDR roadmap” (May 30, 2023).
Is Consumer Data Right still active?
Yes, Consumer Data Right is active; its latest activity on Parsers VC dates from Jan 23, 2024.