In times of disruption, the ability to adapt is more critical than ever before. As organisations continue to evolve, they must invest in the capabilities that will allow them to pivot with changing market and customer demands. Financial Services organisations, in particular, must build their adaptive muscle to navigate an increasingly digital landscape, with new partners and changing industry regulations
We have been talking about open banking, or the broader legislative framework that supports it, Consumer Data Right (CDR), for a long time, but it seems like nothing has really happened. Yet it would be a mistake to turn away now. This article highlights what needs to happen in order for open banking to succeed in Australia. If consumers and businesses aren’t able to embrace open banking, the CDR will eventually fail and the balance of power will stay with the banks.
As the backbone of our economy, SMEs are also the key to lifting the nation out of economic decline. Providing businesses with access to credit and other financial support will be crucial to helping manage their recovery. In this webinar, our panelists discuss how the emergence of fintechs, improved access to and usage of data with open banking, comprehensive credit reporting as well as government support can provide SMEs a lifeline and help rebuild Australia’s economy.
As we begin to emerge from the COVID-19 pandemic, the need for access to credit to support consumers, sustain businesses and bolster the economy is even greater. Will existing risk models based on historical data and existing processes to approve and issue credit be sufficient?
In this moderated discussion, we ask our panelists from fintechs and financial institutions what they see is key to reimagine credit for the future.
In this webinar, we ask payment industry experts from Australia and India on how the shift towards digital payments will transform the way businesses and consumers transact. We’ll also discuss how regulatory intervention (e.g New Payments Platform) and technology advances (e.g Tokenization and Near-Field Communication) are accelerating the changes in the way we pay.
In this webinar, we speak to executives from all sides of the equation to hear first-hand their perspectives on what it’s like to work with culturally different partners, and some ways to overcome common challenges and move to a model that enables a better outcome for all the parties including the end customers.
With the shift towards open banking well and truly underway, many players in the banking industry are looking to realise the opportunities open data presents. However, there are many considerations - on a technical, customer and regulatory level - that businesses need to address first. Join leaders across APAC to learn about the challenges, use cases and partnerships that have helped businesses make open data a reality.