It’s official – Action Initiation is here! The Treasury just released the first draft of the changes to the legislative framework needed for the much anticipated Action Initiation component of the Consumer Data Right.
CDR Representative 101: the risks and rewards of CDR’s most popular new access model
It’s been almost a full year since the new CDR access models were introduced into CDR legislation, and it is already clear that the CDR Representative model has been the biggest hit.
Adatree launches Open X use case report with cross-industry applications that will reshape our economy
Adatree’s Open Banking Use Case Report has been downloaded thousands of times – it really struck a chord with innovators looking to create smoother and smarter customer experiences through data sharing.
Adatree launches world’s first Open Energy data sharing platform
Adatree claims another first as the only regulated data intermediary to introduce Open Energy into its data platform.
The world’s first Open Data marketplace, the ADATREE EXCHANGE
Adatree has launched the world’s first Open Data marketplace! The Adatree Exchange will streamline how organisations discover and procure regulated CDR-ready, third-party capabilities. The result? Expanded CDR possibilities and the acceleration of open data use cases.
WITH ADATREE, YOUR USE CASE GOES LIVE IN MINUTES – NOT MONTHS!
Adatree does the heavy lifting to help you secure Active status and take your use case to market.
A lot of work goes into attaining Accredited status in the CDR ecosystem, even with a turnkey open data partner managing the technical requirements. But as we’ve explained before, there’s no benefit to accreditation if you aren’t able to progress to Active status. And to secure that coveted Active status, you must first undertake the rigorous Conformance Test Suite (CTS).
What does ‘consent’ really mean in CDR?
Consumer consent is now commonplace in every digital environment. For instance, every time you use Facebook or Google to create a new app login like Spotify or AirBnB, you must consent to the app having access to your data. Now government regulators like the ACCC are extending consent legislation to business operations, but it’s much more than just a simple yes/no.
Measure twice, cut once: due diligence when choosing a CDR provider
Any savvy business executive (or the technical teams who support them) will tell you that choosing the wrong service provider can cause a lot of long-term pain. You could get locked into an expensive contract or have to commit extra resources to prop up an under-performing partnership.
New Ways To Access CDR, Now Live!
February 1 marks a major milestone with the CDR: the new Access Models are live! This is the exciting time where changes go from legislative updates to actually live in the market. These changes will be a catalyst for increased participation in the CDR, easier pathways to launching your use case, and increased competition and choice for Australians.
CDR Will Expand To Include Telco, Open Finance
The Consumer Data Right was always intended to facilitate economy-wide data sharing for consumers. With the release of today’s statement from Treasurer Josh Frydenberg MP and Paul Fletcher MP, this brings consumers one step closer to absolute ownership of their data and its usage.
