With open banking yet to be rolled out in Australia though there remains
a general lack of understanding about the true power of the initiative. Will Open
Banking be instantaneous and seismic – like a switch being flicked? Or will the
transformation be more gradual; with customers hesitant to transition towards
the open and unknown?
To help fill some of the knowledge gaps we look to the United Kingdom, where
open banking has been in place since January 2018.
Please note: That all fields marked with an asterisk (*) are required.