Australia’s open banking regime begins in July but Australian businesses are already being urged to consider how the data sharing reform will impact them, regardless of their industry.
That’s because the Consumer Data Right, the legislation which underpins open banking, is an economy-wide consumer and competition reform which will have far-reaching implications for Australian businesses.
In the latest Which-50 Minicast, Which-50 editor Tess Bennett discusses the opportunities and challenges that will emerge as Australia’s Consumer Data Right matures.
Open Banking Is Just The Beginning: Australian Businesses Must Overhaul Data Practices To Survive In The CDR Era
How The Consumer Data Right Opens Up Cross-Industry Opportunities
OAIC Releases CDR Privacy Rules
Which-50’s Minicast publishes each Tuesday. Follow Which-50 on LinkedIn to be the first to view it.