Consumer Data Right stories - Page 2

FinTech Australia appoints former Meta exec Katie Wilson as its new Head of Policy, aiming to bolster industry relations and shape key fintech regulations.

The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.

Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

Despite the introduction of Consumer Data Right (CDR) five years ago, 68% of Australians remain unaware of the Open Banking concept, according to a survey by payment tech company, Waave.

Brisbane-based startup Biza.io appoints Jessica Booth as Chief Operations Officer as part of its growth strategy facing a 48% increase in employee strength within the past year.

FinTech Australia calls for government policy revisions, citing capital raising challenges for startups and the need for stronger support from Austrade to boost the country's fintech reputation internationally.

Waave and Gr4vy partner to introduce the 'Pay by Bank' solution for retail outlets in Australia, providing a safe and secure payment alternative.

Red Bird Ventures fuels New Zealand fintech Akahu by leading a $1.4 million investment round for the open banking revolution.

Business should prepare themselves for even more growth and innovation in CDR in 2023, according to new analysis from Adatree.

Dr John Harrison appointed as Head of Open Banking for Australia and New Zealand at Envestnet Yodlee to lead open banking strategy in the region.

Adatree Exchange has launched, streamlining how organisations discover and procure regulated CDR-ready, third-party software capabilities.

Adatree appoints Sarah Day as head of alliances and partner success, responsible for facilitating future partnerships and supporting business expansion.

Open finance is expected to become the standard for consumers' financial welfare and empowerment, according to an Aotearoa fintech research report.

New Zealand's Consumer Data Right (CDR) aims to empower consumers by enabling secure data sharing with third parties, promoting financial wellbeing and privacy.

Consumer advocates call for careful consideration of privacy issues and impacts on Māori as New Zealand plans to establish a consumer data right.

Consumers are one step closer to having more control over how their data is shared, as the UK Government plans to establish a consumer data right framework.