Leaders in technology to enable the Australian Consumer Data Right
Open Banking Specialists
About the Australian Consumer Data Right (CDR)
The Australian Consumer Data Right (CDR) is a standardisation initiative, enabled by the Treasury Laws Amendment (Consumer Data Right) Act 2019 and regulated by the Australian Competition and Consumer Commission (ACCC).
Through the use of standardised Application Programming Interfaces (APIs) and Consent interactions, the CDR allows the Australian Consumer to grant access to account and transaction information, on a time and scope limited basis, to ACCC Accredited Data Recipients.
Latest Updates
November 25, 2019
FOR IMMEDIATE RELEASE Sydney, New South Wales — 25 NOVEMBER 2019 — Biza.io, thought leaders in Australia’s Open Banking sector, today announced the Beta launch of DataRight.io Lab (https://dataright.io/lab), Australia’s first Consumer Data Right (CDR) Compliant Open Banking Testing Sandbox. The cloud-based solution, focused on…
October 1, 2019
Biza•io founder Stuart Low recently presented at the LIXI Forum 2019. During the presentation Stuart provided a status update on the progress of the Australian Consumer Data Right (CDR) initiative, an introduction into how the data standards work, future timelines and a live demo using…
July 17, 2019
Biza•io is committed to helping make the Australian Consumer Data Right not only a reality but a true global success. With the imminent arrival of the Version 1.0 of the Consumer Data Standards for the Banking sector we are proud to announce that we have…
March 5, 2018
For all the hype around distributed ledger technology it’s most valuable use may be within the simplification of centralised systems. When Bitcoin was conceived in 2009 it was done so as an alternate to traditional fiat currencies. The first iteration of blockchain implementations posited themselves…