Banking and financial services company HSBC Bank Australia has paid penalties totalling $33,000 after the competition watchdog, the ACCC, issued it with two infringement notices for alleged contraventions of the Consumer Data Right (CDR) rules.
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.
Intuit QuickBooks Australia has been approved as an accredited data recipient of CDR data at the ‘unrestricted’ level by the competition watchdog, the ACCC.
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