Adatree

So much has happened in CDR this year! From regulatory changes and major API growth, to user trends and utilisation - its been a huuuuge and positive year. 👇 Here's our top 10 CDR happenings of 2024 for Australia's Open Data ecosystem #openbanking #openenergy #consumerdataright

So much has happened in CDR this year! From regulatory changes and major API growth, to user trends and utilisation - its been a huuuuge and positive year. 👇 Here's our top 10 CDR happenings of 2024 for Australia's Open Data ecosystem #openbanking #openenergy #consumerdataright

In one week, FinTech QLD is hosting a CDR breakfast in Brisbane - reflecting on where we've been and where CDR is going. A breakfast with three of the original stakeholders for CDR - Jill Berry, Stuart Low and Dr. Michael Palmyre - will be an event not to miss! #openbanking #openenergy #consumerdataright

That's a wrap! The Adatree and Fat Zebra Teams were in Melbourne this week for Australia’s largest fintech conference – #Intersekt 2024. One of our top highlights was hearing the Hon. Stephen Jones MP provide a summary of the CDR roadmap to a broader fintech audience. We were also proud to have our CEO, Jill Berry, on stage, speaking on the panel about Government Use Cases for CDR – Australia and the UK. It was fantastic to connect with our existing partners and meet so many new faces. Be sure to reach out to our team with any followup questions – we look forward to continuing the conversation. #Intersekt2024 #Fintech #CDR #Collaboration #OpenBanking #OpenData #ConsumerDataRight

Next week at #Intersekt, FinTech Australia's annual conference, our CEO Jill Berry will be on a panel about Government using Open Banking. While you may think of #OpenBanking use cases as lending and budgeting, this can't miss session will cover: ⭐ Australia's first government entity using Open Banking - who and why? ⭐ The story and growth of the UK Government Open Banking use case ⭐ What problems this is solving (and can solve) for Australians ⭐ Access models for government CDR access and much more! Thursday at 2:30pm - see you there! Visit intersektfestival.com for more information and secure your spot today 🎟 #Intersekt2024

Off the back of launching Australia's first CDR-powered Insights (including Account Verification and Balance Checks), we've authored a report covering the applications of this new regulatory access model. Our report covers: ✅ 7 Unique Examples & Use Cases of CDR Insights ✅ The regulatory background of what a CDR Insight is (and why it advantageous to being a CDR Representative) ✅ How this fights scams and fraud, increases operational efficiencies ✅ Benefits to businesses using CDR Insights ✅ Who may find this product useful ✅ How to get started Download the report here: https://lnkd.in/gxKvkdqf #consumerdataright #openbanking #openenergy #insights #regulation

New CDR Rules just dropped that reflect the focus of delivering use case & consumer benefits, but have they gone far enough? We read 100s of pages and distilled into a 4 min read. TL;DR Summary of Changes  ☑️ Digital Nomination of Users for #Business Consents ☑️ Bundling Consents & Pre-Selection in Consent Flow  ☑️ Default for Deletion of Redundant Data  ☑️ Changes to Required Statements and Notifications  👎🏼 Double Standards of Data Handling and "Off-ramps" for CDR Data 🤑 Plus the one simple Rule change needed to save Aussies millions annually, with no implementation cost! Full details including what the change is, why it matters, the impacts on Data Holders, Data Recipients, consumers, our overall verdict, and more in the Adatree blog here: https://lnkd.in/g7RU6FH4 #openbanking #openenergy #consumerdataright #regulation

🎉 The CDR Action Initiation Bill passed! 🎉 Passing for Action Initiation is a vote for: ⭐ Cost of Living solutions for Australians, affecting so many products and services they use ⭐ Putting billions back into the wallets of all Aussies ⭐ Reducing our carbon footprint ⭐ Leveraging data infrastructure for increased choice, competition ⭐ Enabling new capabilities to open and close accounts, make payments and update customer information ⭐ Secure and regulated solutions across industries You couldn't avoid articles in the past month without a strong view about CDR. Action Initiation. There was a lot of heat, misinformation and lobbying. The vote seemed down to the wire, and Action Initiation and everything is stands for triumphed. Thank you for everyone getting your voice heard and writing to and meeting with Senators. The work continues from here, but today's bill passing is a great step in the right direction for consumers. As Minister Stephen Jones said in his speech last week, the first focus will be Energy Account Switching. With Adatree's connections to every data source, we'll be perfectly placed to enable this. So, start your engines! #consumerdataright #actioninitiation #parliament #openbanking #openenergy

We’re thrilled to announce the launch of Australia’s first #OpenData powered Account Verification solution, setting a new standard in the fight against financial #fraud. Adatree Insights leverages the #ConsumerDataRight framework to offer real-time, secure account verification and balance checks. 🔒 Why This Matters: In 2023, Australians lost over $2.7 billion to financial scams, often targeting #superannuation funds and insurers. With our Insights product, businesses can now verify bank account ownership before transferring funds, drastically reducing the risk of unauthorised or mistaken #payments. 📈 How it benefits business: - Enhanced fraud prevention - Streamline operations - Lower costs and fewer manual checks - Secure, compliant data sharing Read all about Adatree’s new Account Verification with Insights at our blog: https://lnkd.in/gHhQ8Bw6 Ready to leverage Insights to grow your business? Speak to our team today to request a demo: https://lnkd.in/gQ7HrvUx #eCommerce #Insurance #Fintech #OpenBanking #OpenX #OpenEnergy #Payroll #Lending #Telco #Energy #Utilities #Brokerage #PropTech #Mortgage #DataSec

🙌 We are delighted to celebrate ValAi for winning the ‘PropTech to Watch’ award at the PropTech Awards! 🎊 This accolade is a testament to their forward-thinking solution and dedication to innovation in the finance and property sectors. Their solution helps businesses and homeowners achieve their decarbonisation goals and provides insights to become more energy efficient. We are proud to partner with ValAi, supporting them through Consumer Data Right (CDR) initiatives. Together, we are driving transformative changes and setting new benchmarks in the industry. Kudos to the ValAi team for this well-deserved recognition! We are excited to continue this journey of innovation and excellence with you.💡 #CDR #cdrnergy #Decarbonisation #ClimateAction #PropTech