Page 7 - Consumer Data Right News Today

The government has accepted the recommendations of a review of the Consumer Data Right that called for the rollout of the system to be put on hold while steps are taken to improve data quality and security, and increase awareness and take-up.

The government has quietly applied the handbrake to the expansion of the Coalition’s signature competition architecture project, the CDR scheme.

Australia’s peak body for the fintech industry, FinTech Australia and global non-for-profit supporting open banking companies, FDATA, calling on policy-makers to put in place a long-sought after roadmap for the consumer data right’s (CDR) implementation.

The CEO of the Mortgage & Finance Association Australia has said the future of broking looks bright, and enabled by technology.  

Buy now, pay later providers will face stricter requirements as new regulations come into effect.

Over the last six months, there have been several strong indications that the risk profile of cyber and data privacy enforcement for organisations doing business in Australia is rapidly increasing.

Solutions are pitched for major challenges

Privacy Breaches & Cyber Security In Australia – Heightened Enforcement Risk. Legal News and Analysis - Australia - Cybersecurity -

Work is set to commence on a new "super complaints" pathway for small business groups to fast track their concerns to the ACCC.

Focus remained firmly on the federal budget today, as all sectors of society and business took a moment to digest the implications. The ASX remained flat as...