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Fintech startup Adatree first to market with Australian Open Banking aggregation

Originally published at: https://dailyfintech.com/2019/10/02/fintech-startup-adatree-first-to-market-with-australian-open-banking-aggregation/

Jessica Ellerm is a thought leader specializing in Small Business and the Gig Economy and is the CEO and Co-Founder of Zuper, a neowealth disruptor in Australia. In July of this year Australia’s first Open Banking APIs went live, under the umbrella of the government’s broader Consumer Data Right (CDR) legislation. The first APIs to be…

The regulation around open banking was always going to be a major disruptor, particularly in highly concentrated banking markets such as Australia and UK. It looks like this is now turning into reality.