Open Banking
Australia embraced open banking in 2020 with the launch of Consumer Data Right (CDR). Areas of opportunity include data and analytics solutions that use big data, artificial intelligence and APIs to connect data sources and provide insights. Austrade helped UK’s TrueLayer launch its open banking platform in Australia by providing market insights and facilitating connections
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Editorial Team
- February 17, 2022
- 1 minute
Australia embraced open banking in 2020 with the launch of Consumer Data Right (CDR). Areas of opportunity include data and analytics solutions that use big data, artificial intelligence and APIs to connect data sources and provide insights. Austrade helped UK’s TrueLayer launch its open banking platform in Australia by providing market insights and facilitating connections via its global network. To discover what Austrade can do for your business, visit: www.austrade.gov.au/fintechinvest
