February 25, 2020
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Australia introduced a Consumer Data Right roughly a year ago. While the government plans to enforce the right in the banking sector first, no legislation has yet compelled implementation. Nevertheless, Data61 published a working draft standard for the core standard principles and a banking API.
InstaReM has announced a new API-based platform that allows companies to deliver branded cards. The B2B platform allows third-party businesses to utilize InstaReM's ecosystem for payments and related issues. InstaReM ensures local compliance across geographies.