Open Banking set to revolutionise banking from February 2020
By Momoko Metham · 20 December 2019 · Finance
By Momoko Metham · 20 December 2019 · Finance
Get ready for a major shift in how you manage your finances. From February 2020, your data will be in your hands, but what does this really mean for you?
The way Australians share account and transaction data will become much easier in February 2020 with the rollout of Open Banking through the Consumer Data Right legislation. The first stage of Open Banking will involve the major four banks and the rollout will give consumers the right to control their data. “Ultimately, Open Banking will […]