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-Australian treasurer says open banking would provide easier banking for customers

Dec 05, 2018 - Global Banking News

Global Banking News - 05 December 2018

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The treasurer's comments came as the government prepares to launch its Consumer Data Right law in parliament on Thursday.

Frydenberg said that while growing complexity in financial services has made it difficult for customers to compare and review banking services, open banking would ease the situation for customers. Customers can use open banking to compare prices and products because b...