Open banking

The latest partnership between two industry heavies will help address a lag in adoption of open banking among brokers.

New legislation has been introduced that expands the Consumer Data Right to enable consumers to instruct lenders to initiate actions, including moving bank products, on their behalf.

Open banking can do more than streamline the collection and verification of financial data. It can create a new opportunity to build trust with clients, strengthen relationships, and deliver ...

Beyond Bank has become the first branch-based lender to extend open banking from the broker channel into its first-party lending experience.

Open banking is often talked about as the next big technological shift in broking. But is the industry overlooking its biggest benefit?

Competition has to be the guiding principle, according to Jodi Ross, head of regulatory affairs and compliance at Tiimely.

Wider use and acceptance of open banking and the CDR will be key to improving borrowers’ experience, lender heads have outlined.

Open banking is a great way for borrowers to share financial data, which brokers can use to their advantage. However, some are yet to take advantage of these systems, highlighting some of ...

Frollo for Brokers is the latest open banking-driven solution that aims to boost broker serviceability.

The broking industry is at the forefront of open banking integration. A recent panel discussion reflected on how far Consumer Data Right (CDR) has come and how far we still have to go.

Mandating more open banking data fields and a government-funded marketing campaign are key to a CDR Utopia, industry specialists have said

Cash flow constraints don’t always signal a struggling business – sometimes they can simply stand between an SME and its next growth opportunity. We spoke with Dan Verdon, director of ...

Brokers have been told open banking’s biggest opportunity isn’t faster processing, but stronger client relationships built on better advice.

The government’s open banking reform consultations have generated some pushback from industry figures as there are fears it could reduce competition, stifle innovation, and undermine the ...

Fintech company Intuit Australia has activated open banking data feeds for QuickBooks – a move expected to significantly improve the way finance brokers access and assess their ...