Consumer Data Right stories
Digital identity is helping APAC fintechs cut fraud, speed onboarding and expand access for millions of unbanked users across the region.
Australian consumers unsure about sharing bank data now have a plain-language guide as PocketSmith expands its use of consented open banking feeds.
Women in tech mark International Women's Day by urging systemic fixes to finance, culture and leadership, saying quotas alone fall short.
Older systems may leave Australian firms unable to meet CDR demands, while modern data architecture is becoming crucial for real-time AI use.
Renters' on-time payments could now count towards mortgage applications, as a new pilot aims to help thin-file borrowers prove creditworthiness.
The plan could speed testing for new financial products and shape rules on data sharing, payments and digital assets across the sector.
Businesses can now tap customer-approved bank and energy data in hours, as Biza.io's new feed cuts integration costs and compliance hurdles.
Customers will be able to link bank accounts securely as the app replaces manual uploads with consented data under Australia's Consumer Data Right.
Many still share banking logins with advisers as a survey found 82% of owners had not heard of Canada's new open banking law.
Its early lead in Australia's Consumer Data Right non-bank lending rollout now spans more than half of the first wave of lenders, while adding three executives.
Wider adoption of AI tools is prompting calls for plain-language data rules that give New Zealanders more control over personal information.
Customers will spend less time hunting for bills and security settings as the bank rolls out a simpler mobile and online layout.
Uncertainty over planned capital gains tax changes could deter startup funding and prompt founders, investors and talent to leave Australia.
Australian small firms are reporting higher revenue and hiring from AI, with regular use almost doubling in 18 months to 69%.
Easier consent and wider bank access could lift Consumer Data Right use to more than 18 million Australians by 2035, the modelling says.
The shortlist comes as the sector weighs new rules on payments, scams and data rights, with 160 finalists vying across 22 categories.
Australian platforms facing tougher age-check rules can now verify users through bank data, without collecting passports or licences.
Thousands of smaller firms should gain easier access to loan comparisons, payment tools and cashflow apps as banks widen data sharing by 2027.
FinTech Australia unveils Fintech Data Horizons Summit to spotlight real-world open banking and data sharing across key sectors in 2026.
FinTech Australia urges Canberra to open tenders to smaller players and revamp startup funding settings in its pre-budget pitch.