Tagged: consumer data

December 1, 2021 @ 10:22 pm By Omar Faridi  |  

Consumers in the United Kingdom can now get access to enhanced financial products and services, as Experian introduces a service to assist lenders with offering quicker, more accurate, and reliable lending decisions. Work Report™ is reportedly the first digital verification service that should enable clients… Read More

August 20, 2021 @ 2:57 pm By Tony Zerucha  |  

The Canadian government has released its report into open banking. Final Report: Advisory Committee on Open Banking is available here. The vision for a Canadian system should be governed by six outcomes: consumer data is protected; consumers are in control of their data; consumers receive… Read More

June 2, 2021 @ 12:36 am By Omar Faridi  |  

TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health,” recently revealed that Ohad Samet, CEO and Co-founder of TrueAccord Group, has been named to the inaugural debt collection advisory committee of the California Department of Financial Protection and Innovation… Read More

March 7, 2021 @ 6:10 pm By Omar Faridi  |  

There are no extensive regulations yet on Open Banking in Thailand, however, the government’s digital transformation strategy (and the Thailand 4.0 strategy) along with the introduction of the Personal Data Protection Act (PDPA) in 2020 indicate that the country may soon offer an Open Banking… Read More

February 4, 2021 @ 10:50 pm By Omar Faridi  |  

The introduction of Australia’s Consumer Data Right (CDR) laws on July 1, 2020 marked the initial phase of Open Banking in the country, which may improve the services offered by the local banking sector. More than 6 months into CDR and Open Banking in Australia… Read More

September 18, 2020 @ 12:42 pm By Omar Faridi  |  

John Izaguirre, the Business Director, Europe at Ontology, a high-performance or high-throughput blockchain platform, believes that privacy is a basic human right. Izaguiree notes that data is becoming a very important topic for both individuals and companies. However, he believes that the Internet is still… Read More

September 8, 2020 @ 10:25 pm By Omar Faridi  |  

The Consumer Data Right (CDR) legislation in Australia has been introduced to enhance the nation’s modern banking sector. It’s also supposed to make it easier to match or compare different financial products across a range of industries in the country, according to Senator Jane Hume,… Read More

August 19, 2020 @ 4:45 pm By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Tuesday it has joined forces with SISS Data Services for new open banking solution. Xinja Bank reported that the partnership is considered part of the first phase of its Consumer Data Right (CDR) journey. “This initial phase of… Read More

June 20, 2019 @ 8:48 am By Samantha Hurst  |  

Equifax announced on Thursday it has joined forces with FinTech Sandbox to help startups access consumer and commercial data from the Equifax platform. Participating startups pay no fees and no equity is taken. Equifax reported: “In addition to data, Equifax will give analytical support to… Read More