'Open finance' to extend data rights to non-banks
Treasury released a consultation paper to extend the consumer data right to non-bank lenders. Insurance, super and payments data is set to follow.
Source: afr.com
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AusPayNet welcomes Paypa Plane as its first payment service provider
The payments industry self-regulation body is bringing the growing payments service provider industry within its remit, with Paypa Plane its first PSP member.
Source: afr.com
FinTech Australia reveals new CEO
The former Australian MD of payments business WorldFirst has been named the body’s next chief executive.
Source: mortgagebusiness.com.au
Big 4 banks invest in real-time direct debit platform Paypa Plane
Consumers will be able to make real-time payments to businesses directly from their bank accounts. Commonwealth Bank has partnered with fintech Paypa Plane to help businesses transition to the PayTo
Source: investordaily.com.au
New chief executive for Fintech Australia
Fintech Australia has appointed financial services veteran investor and long-time executive Andrew Porter as its new chief executive.
Source: financialstandard.com.au