Regional Australia Bank has announced completion of integration and deployment of Biza.io’s Consumer Data Right (CDR) solution in just three months, enabling participation in information sharing with the Big Four banks through the new open banking system which went live in July.
Regional Australia Bank has become the first accredited Data Recipient under the Consumer Data Right (CDR), the Australian Competition and Consumer Commission legislation designed to help bring about an era of Open Banking in Australia.
Douugh, an Australian neobank and AI-driven financial app, has started trading on the ASX on Tuesday, after raising $6m in series A funding through a placement that was over-subscribed.
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