Listed fintech company Identitii has announced it has been selected by the Australian Competition and Consumer Commission (ACCC) as one of just 10 companies to test the Consumer Data Right (CDR) ecosystem, which will enable Australia’s incoming open banking regime scheduled to go live from February 2020.
The global transaction volume of non-cash payments is growing rapidly, including in Australia, with non-cash transactions booming and competition flourishing, despite many banks remaining reluctant to embrace open banking via data sharing, ecosystem partnerships and open platforms, according to a new report.
Global payment services provider SWIFT has published a new API standard for the pre-authorisation of funds which it says paves the way for further innovation in financial services enabled by Open Banking.
Silly Target, they assumed they were doing business in a country like the U.S. which has already stripped all consumer[…]
Indeed.A democracy implies voters being able to elect people who are REPRESENTATIVE of those voters.Neither Australia nor most western 'democracies'[…]
The irony is palpable : expert panel speakers provide material for 'review' prior to date, ACSC/ASD object and prevent them[…]
Typical the government / ASD / ACSC can't handle any criticism or debate on policies.Perhaps the comparison with China doesn't[…]
Widely acknowledged as the second worst CEO Telstra has ever had!I can speak from experience on the levels of service[…]