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CBA applies to become data recipient under CDR – iTnews

Looks to ingest data to better personalise services.

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The Commonwealth Bank has become one of the first of the big four to apply to ingest data under the federal government’s consumer data right (CDR) scheme, as it looks to boost its digital offerings in the wake of the pandemic.
The bank revealed plans to become an accredited data recipient under the consumer data right on Thursday in a bid to boost control for its customers, though it gave no timeline for when accreditation might come through.
It comes as CBA’s annual tech spend continues to increase,…

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