Major Australian banks to launch open banking in July.

BANKING AND CREDIT NEWS-January 3, 2019--Major Australian banks to launch open banking in July

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Global Banking News - 03 January 2019

The big four banks in Australia are planning to launch open banking services in July.

Australia's Customer Data Right (CDR) legislation is expected to pass in the first quarter of 2019. Following the passage of the CDR, the big four banks will have to share product data pertaining to credit and debit cards, deposit accounts and transaction accounts. Banks have until February 2020 to share the first...

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