Australian companies Adatree and DNX Solutions have partnered to provide a turnkey Consumer Data Right (CDR) SaaS and infrastructure solution for aspiring Data Recipients. Both solutions are “ready to go” infrastructure to provide simple and fast access to the CDR that suit all industries and use cases.
Adatree is often asked, “Why would I buy software to access the CDR instead of building the solution myself? How hard can consent be?”
Adatree introduces the ADR Accelerator, which includes all of the business and technical templates required for Accredited Data Recipient applications.
As of February 25, 2021, Adatree is officially accredited as an Accredited Data Recipient (ADR) by the ACCC. Adatree is the first startup to be accredited, the first company accredited with a female CEO, and the first purely CDR-focused technology provider.
Adatree is a Consumer Data Right technology provider of turnkey solutions to access and leverage CDR data, working with other companies to accelerate their own journey as an Accredited Data Recipient.
You want to build data-driven customer propositions, so how do you source that data? Historically it has been through screen scraping, but the introduction of the Consumer Data Right in Australia introduces a more reliable, customer-centric and comprehensive way to share data.
Australian Consumer Data Right platform Adatree has closed their $1.2M Seed funding round, which was nearly three-times oversubscribed.
Investors joining this round are Tyro Payment co-founder Peter Haig and Kerry Roxburgh, the longtime Tyro Chairman and Ramsay Health Care Director and current Chairman of Eclipx.
Open Banking is a financial service where customers can disclose their banking data to third parties of their choosing, giving them the freedom and control over their data. What do these changes really mean to the average person? Or, rather, to someone who is trying to save his or her small business?
Shane Doolan is the Chief Technology Officer of Adatree. We spent some time with Shane this week talking to him about Adatree’s technology and how Adatree fits into the Consumer Data Right ecosystem.
Adatree has released its new Open Banking Data Sandbox so companies can easily see what types of data they can receive through the Consumer Data Right. This demonstrates the easy-to-use Adatree Recipient Platform Banking API and interacts with a static, CDR conformant dataset.
Adatree announces the launch of the country’s first turnkey pre-accreditation Open Banking solution: the Open Banking Industry Sandbox.
Adatree acknowledges Aboriginal and Torres Strait Islander peoples as the traditional owners of our lands throughout Australia. Our headquarters are located on the lands of the the Gadigal people of the Eora Nation. We pay our respect to their culture and to Elders past, present and emerging.
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NSW 2010
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