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Showing 1 - 8 of 8 results for "CDR"

Influx of data weighing on legacy systems

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
As asset managers are inundated with an influx of data daily, Macquarie Group principal engineer Ranjit Singh told the 2026 AM Tech Day event in Sydney that legacy systems are standing in the way. Singh said legacy systems create a multitude of challenges ...

Lumiant partners with Envestnet | Yodlee

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
Lumiant will be the first company to leverage Envestnet | Yodlee's Consumer Data Right (CDR) accreditation under the CDR representative model to power its Your Wealth module. The partnership enables Lumiant to access real-time data from financial ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... Australia Ross Sharrott blamed rising costs, the impact of COVID-19 and limitations of Australia's Consumer Data Rights (CDR) rules that stifled participation for fintechs. "We saw from first-hand experience that the current requirements demand significant ...

End of Super Complaints Tribunal nears

ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
... index AFCA's monetary limits and to correct a reference to legislation. A legislative cross reference to the definition of "CDR [Consumer Data Right] Participant" in AFCA's rules was written incorrectly. However, the proposed change will not change the ...

Open banking to charge on

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... believes a key driver of reform, and greatly improved competition in financial services will be the Consumer Data Rights (CDR) initiative. "We may not know when the gains from CDR will kick in, but we can be certain they will be profound," Sims said. ...

Consumer data right for open banking delayed

ALLY SELBY  |  FRIDAY, 20 DEC 2019
The ACCC has delayed the launch of consumer data right (CDR) for the banking sector to July 2020, postponing key components of the reform that would have allowed the kick-off of open banking in Australia by February next year. Consumers will now be ...

Tech to topple banking: RBA

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
... non-banks have some data that is useful for banking business." These regulatory changes are open banking and consumer data right (CDR), which allow consumers to own their banking data, allowing them to share this data with other institutions and find ...

From PDS doorstoppers to digests

MICHAEL HOBBS  |  TUESDAY, 6 MAY 2008
In line with new government rules calling for shorter product disclosure statements, ING Australia has reduced the size of its PDSs for OneAnswer and OneCare products by 33 per cent. In August last year, the Federal Government legislated PDSs could ...
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