The peak body for the Australian financial services, technology and innovation FinTech industry, FinTech Australia and FData ANZ, a not-for-profit global association for financial services companies operating in Open Banking and Open Finance, are calling on the ACCC to intervene in a decision made by bank ING to change its consumer data right (CDR) consent solution.
Regional Australia Bank has appointed Julie Armstrong to the role of CIO. She will take up the position on 9 May 2022.
ING Australia has gone live with DST Global Solutions HiPortfolio® to be able to better manage its cross-investment processing. ING Australia has been an indirect user of HiPortfolio through an outsourcing provider since 2002, and is now internalising this operation. ING Australia considered several alternatives before selecting HiPortfolio. For ING Australia, the solution has the requisite functionality and it facilitates efficiencies with their licensed custodian who also uses it. The solution made for a lower-cost implementation which took place over a six month period.
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