The rollout of Australia’s new Consumer Data Right (CDR) has been delayed several times already. And there are now growing concerns that COVID-19 could push the launch date back even further as workers are forced to adapt to remote working and business uncertainty.

But the latest update from the ACCC, which is overseeing the testing of CDR, maintains open banking is on track to launch in July.

In this week’s Which-50 Minicast, editor Tess Bennett provides an update on the open banking timeline, how the trial participants are adapting to remote working and why an open banking ecosystem is important in the current economic climate.

Read more: 

Regional Australia Bank Achieves Open Banking Accreditation
Open Banking Benefits Are More Than 2 Years Away: 86 400 CEO 
Open Banking Delay Fuels Screen Scraping Stoush
Minicast: The Impact Of CDR Beyond Open Banking

Which-50’s Minicast publishes each Tuesday. Follow Which-50 on LinkedIn to be the first to view it.  

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