open banking

People & Products

AMP Advice partners with open banking fintech

AMP Advice has partnered with fintech firm Frollo to provide advisers and their clients with access to its open banking technology. ...

Policy & Regulation

Govt consult on CDR changes

Further changes to the consumer data rights have been released for consultation, including the way in which data is shared with professional advisers....

Policy & Regulation

Govt should rescind joint accounts opt-in: FRLC

The Financial Rights Legal Centre says the Government to rescind the proposal to automatically opt Australians into data sharing for joint bank account holders....

Financial planning

Big four banks could suffer as ‘neobanks’ rise

The introduction of open banking legislation this year could see the big four banks lose out to ‘neobanks’ like Xinja and Volt, according to data analytics company, Niels...

Policy & Regulation

Australian open banking at “significant risk,” Trade Ledger says

The global corporate lending platform has warned the Federal Government of substantial weaknesses in its proposed Open Banking implementation plan....

Financial planning

Open banking gains momentum

Banking in 2020 will see a move away from product offerings in favour of customer experience and engagement, a panel of industry experts told a Temenos conference. ...

Superannuation

Super industry should prepare for “open” regime, QMV says

The super industry needs to prepare for an "open super” regime in the next few years in light of the current fundamental shift in the balance of power in the information ...

Expert Analysis

Open banking - the future mainstay of financial services?

Alex Trott looks into how open banking, which many believe to be a necessary development, may affect the financial services industry....

Financial planning

Morrison tests banks with Open Banking regime

The Federal Government will further test its relationship with the major banks after initiating an Open Banking review aimed at giving consumers greater transparency and ...