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Mortgage Business
ANZ forms open banking partnership By Malavika Santhebennur 29 April 2021
A fintech company has announced that it has signed ANZ as a client for its open banking platform.
Frollo – which is owned by technology solutions provider NextGen.Net – has announced that the major bank has partnered with it for access to open banking data.
According to Frollo, ANZ will use its Consumer Data Right (CDR) gateway to receive consumers’ financial data from other data holders as a data recipient.
However, at this point, ANZ is a data holder rather than a data recipient under the open banking regime, which means that it currently holds consumer data.
Mortgage Business 25 February 2021
The document collection and curation platform has qualified as an accredited data recipient under the Consumer Data Right.
Technology company Lakeba has announced that it has secured the Consumer Data Right (CDR) data recipient accreditation for its Ezidox platform.
As an accredited data recipient (ADR) under the Australian Competition and Consumer Commission (ACCC) open banking regulations, Ezidox will now enable its customers to collect, curate and validate personal documentation from accounts held with data holders, which are currently the major banks, while ACCC-accredited digital financial institutions can allow customers to share their personal documentation “instantly”, according to Lakeba.