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Open banking reforms delayed as security tests drag on

The consumer watchdog will spend more time ensuring a new financial data-sharing regime is resilient against cyber security threats, after technical hiccups delayed the launch of open banking by six months.

Open banking reforms delayed as security tests drag on
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  • Shared by the Age
  • December 27, 2019
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In a disappointing development for fintech firms, the Australian Competition and Consumer Commission pushed back the start date for the government's open banking reforms on Friday from next February to July.

Read more at the Age.

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