Police Bank turns to SISS Data Services for Open Banking solution

Wednesday 30 September 2020 11:31 CET | News

Member-owned financial institution, Police Bank, has selected SISS Data Services (SDS) as their partner to enable compliance with the first phase of Consumer Data Right (CDR).

SDS will help Police Bank participate in open banking by sharing information about their products such as features, interest rates and fees to help consumers to make better-informed decisions about financial products and services.

The subscription-based Open Banking Platform created by SDS enables banks to comply with CDR without compromising on security and without the time and expense of building their own solution, according to the official press release.

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Keywords: Open Banking, Australia, Consumer Data Right, GDPR, financial products, banking, finance, customer data, Police Bank
Categories: Banking & Fintech
Countries: Australia
This article is part of category

Banking & Fintech