
Santosh Kr
Nov 7, 20252 min read
Virtusa Open Banking Head - Australia with implementations at NGMG, IMB and MyState
Open Banking in Australia is an initiative of the Australian Consumer & Competitive Commission (ACCC) to give consumers the option of sharing their personal information and financial data with accredited third parties, through the use of application programming interfaces (APIs). The Open Banking initiative is governed by the Consumer Data Standards (CDS) and allows for innovation and competition by leveraging open data standards in the financial industry to begin with. Bus
