Consumer Data Right stories

Adyen joins forces with Fiskil in Australia to enhance merchant onboarding using Fiskil's Banking API, boosting speed, security, and future financial services.

Australia faces the highest rate of API security breaches at 95%, yet incurs the lowest average cost of AU$493,367, reveals Akamai's 2025 Asia-Pacific study.

Biza.io appoints Kam Rafiei as Product Lead to boost Consumer Data Right services amid rising demand from non-bank lenders under new CDR rules.

Over 100 fintech leaders urge Australian parties to end policy inertia and finalise reforms aimed at easing cost of living pressures and boosting the sector.

FinTech Australia is urging the government to revamp R&D tax incentives as investment in early-stage fintechs declines, risking a two-speed sector.

The evolution of Australia's Consumer Data Right is set to transform lending, allowing non-bank lenders to innovate and enhance consumer choice by 2026.

FinTech Australia has expanded its board with the appointments of Jodi Ross and Jodie Imam, enhancing its leadership amid a strong fintech landscape.

Automised Energy has unveiled an app designed to help Australian households cut energy bills by offering personalised energy plan matches using the CDR.

Modern enterprises must master observability to meet soaring digital demands in the APAC region, blending legacy systems with agile, predictive solutions.

FinTech Australia announces Intersekt 2024, featuring RBA's digital currency research and fintech innovations from Bendigo Bank, AMP Bank, and NAB in Melbourne.

Australia's Senate has passed the Action Initiation Bill, empowering consumers to share data and initiate service actions through accredited providers, boosting competition.

FinTech Australia appoints former Meta exec Katie Wilson as its new Head of Policy, aiming to bolster industry relations and shape key fintech regulations.

The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.

Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

Despite the introduction of Consumer Data Right (CDR) five years ago, 68% of Australians remain unaware of the Open Banking concept, according to a survey by payment tech company, Waave.

Brisbane-based startup Biza.io appoints Jessica Booth as Chief Operations Officer as part of its growth strategy facing a 48% increase in employee strength within the past year.

FinTech Australia calls for government policy revisions, citing capital raising challenges for startups and the need for stronger support from Austrade to boost the country's fintech reputation internationally.

Waave and Gr4vy partner to introduce the 'Pay by Bank' solution for retail outlets in Australia, providing a safe and secure payment alternative.

Red Bird Ventures fuels New Zealand fintech Akahu by leading a $1.4 million investment round for the open banking revolution.

Business should prepare themselves for even more growth and innovation in CDR in 2023, according to new analysis from Adatree.