Two types of non-bank lenders will join Australia’s Consumer Data Right (CDR) program: initial providers and large providers (based on loan size). Both will start sharing product data by November 2024. Initial providers will allow consumer data sharing (except complex requests) by February 2025, while large providers follow in August 2025.

Open data goes beyond just meeting CDR and Australian Competition and Consumer Commission (ACCC) obligations. It's a chance to fuel customer loyalty, boost collaboration, and create new revenue streams. With WSO2’s platform, you can go beyond conforming to CDR regulations and implement enterprise-wide digital transformation initiatives — with industry-leading full lifecycle API management, integration, and identity access management tools. WSO2 helps you build great digital experiences quickly and securely.

• Learn how WSO2 goes beyond compliance.
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