NAB criticises CDR for creating innovation obstacles
Believes current settings “impeded our ability to innovate”.
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Believes current settings “impeded our ability to innovate”.
Want government to research banking, energy before expanding scope.
Lumiant will be the first company to leverage Envestnet | Yodlee's Consumer Data Right (CDR) accreditation under the CDR representative model to power its Your Wealth module.
This review finds that the Consumer Data Right's (CDR's) statutory framework has so far been broadly effective in supporting the CDR's rollout, is sufficiently flexible and robust to accommodate further changes to achieve policy objectives, and has scope to further explore its limits as the CDR develops.
The Treasurer has expanded the CDR draft legislation to give customers more control on how they manage their data.