7 October 2021

Statement from Chris de Bruin, Chief Executive, Consumer & Business Banking, Westpac Group

"Westpac supports the increased competition and innovation from Open Banking, which allows consumers to securely share selected banking data with trusted third parties.

"We are pleased the ACCC has approved Westpac as an Accredited Data Recipient under the Consumer Data Right.

"We have worked hard alongside the Federal Government and regulators as the Consumer Data Right has evolved for the banking sector, and will continue to focus on ensuring our customers understand how they can benefit from Open Banking as we develop use cases that customers can leverage."

Media Contact:

westpacmediarelations@westpac.com.au

Attachments

  • Original document
  • Permalink

Disclaimer

Westpac Banking Corporation published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 06:16:08 UTC.