Why Australia’s open banking should look towards UK and Europe for success

Nov 26, 2020
SeedSpace Team

Seed Space Venture Capital managing partner Dirk Steller believes it’s absolutely critical that Australia learns from our international counterparts in making open banking a success, particularly as the Consumer Data Right is rolled out to different industries beyond financial services. According to Steller, what needs to be considered as a first priority is how Australia can leap towards a more robust implementation framework, and take critical lessons from counterparts in the UK and Europe that have already implemented an open banking framework.

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