06
Feb 19

What can Australia learn from the UK’s Open Banking Experience

Author:Ash Natesh

Australia has begun its trek towards an Open Banking Regime, but still has a lot to learn from the UK, which is much further down the implementation process. Chris Michael, the Chief Technology Officer with the UK’s Open Banking Implementation Entity (OBIE) spoke with InnovationAus.com about the challenges and the journey the UK is facing … Continue reading What can Australia learn from the UK’s Open Banking Experience

06
Feb 19

Demystifying Open Banking : PWC Report

Author:Ash Natesh

Open Banking regulations are coming into force in jurisdictions around the world, including in the last couple of weeks in Australia, it’s important that Australian bankers understand what it means for them. Is it really going to challenge incumbents the way some say, and make certain business models obsolete? What do people mean when they … Continue reading Demystifying Open Banking : PWC Report

10
Oct 18

APRA’s supervision gets up close and personal

Author:Ash Natesh

The bulk of Australia’s biggest financial institutions have been forced by the prudential regulator to go through an in-depth review of their culture and governance before the royal commission ends next year. After coping heavy criticism over a lack of enforcement strategies in the financial sector, the Australian Prudential Regulation Authority has demanded Westpac, ANZ … Continue reading APRA’s supervision gets up close and personal