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Product Data Store – foundational open data capabilities

From October 2020, all Australian authorised deposit-taking institutions (ADIs) will be required to begin sharing Product Reference Data.

Bank rates, fees and the features of banking products covered by Consumer Data Right (CDR) legislation must be available to be automatically accessed in machine readable format in order for ADIs to be compliant with this first major Open Banking milestone. However, operational workflows and technology constraints can present challenges to the streamlined flow of this product data.

Cuscal’s Product Data Store forms part of our flexible and modular approach to Open Banking, providing organisations with an end-to-end, managed solution that takes care of CDR compliance obligations and realisation of the value-added opportunities enabled by the CDR.

Enabling the future

Our world is evolving faster than ever before. Leading the way are the innovators, the thinkers; those that see potential and seize opportunities.

For over 50 years, we have been helping our clients to transform the old and navigate the new. Our clients include the breadth of the finance industry across all the banks and mutuals, to the neobanks and the latest fintechs.

We partner with our clients to enable their entire payments ecosystem, so they can deliver the best payments experiences for their customers. We deliver this through our expert team, our ability to anticipate market needs, and our deep understanding of the financial payments industry.

Because at Cuscal we have one mission: to enable the future.

As an Authorised Deposit-taking Institution (ADI), our extensive capabilities include card and acquiring products, mobile payments, fraud prevention, EFT switching and settlements.

Watch the video about Cuscal, enabling the future.

Cuscal Curious Thinkers 2019 Showreel

Tomorrow’s experience starts today! Held on 23 & 24 October 2019 in Sydney, the Cuscal client and partner conference “Curious Thinkers” brought together an exceptional line up of international and local speakers for two days of innovation, inspiration & thought leadership.

This video gives a visual summary of the conference. Speakers included:

  • Amin Toufani (Chair of Finance & Economics, Singularity University)
  • Anthony Thomson (Chair, 86 400)
  • Bianca Bates (Chief Client Officer, Cuscal) & Amanda Hicks (Partner in Charge, Customer Brand & Marketing Advisory, KPMG Australia)
  • Darren Thayre (Partner, Oliver Wyman)
  • Graeme Wood (National Head of Product & Futures, Starcom) & Nicole Conroy (Head of Insight, Starcom)
  • Andy Parker (Partner, Innosight)
  • Simon Archer (Regional Banking & Payments Leader, NCR)
  • Dr Louise Beaumont (Chair & Advisor)
  • Nathan Kinch (CEO, Greater Than X)
  • Nathan Churchward (Head of Product, Emerging Services, Cuscal)
  • Deborah Latimer (Partner, Governance, Regulation & Conduct, Deloitte)
  • Richard McMahon (Senior Manager, Credit, Retail Banking & Payments, ASIC)
  • Lucinda Hartley (Co-founder, Neighbourlytics)
  • David Coventry (Optus) and many more.

We would like to thank all our sponsors for their support; Attra, ACI Worldwide, BPAY Group, Data Action, Kony, NCR, Optus, Placard, StarboardIT, Ultradata & Visa.

Visual scribe of Cuscal Curious Thinkers 2019 Wrap Up

Social data for smarter cities with Lucinda Hartley

Lucinda Hartley, co-founder, Neighbourlytics at Curious Thinkers 2019 in Sydney.

Lucinda is an urban designer, entrepreneur and founder of Neighbourlytics, a social analytics platform for neighbourhoods.

Watch the video to hear from Lucinda as she invites the audience to look at human centred data, outside of payments, and how understanding neighbourhoods can help us understand people.

Visual scribe of The Future Of Connected Living With Starcom

 

 

An ASIC update with Richard McMahon

Richard McMahon, Senior Manager Financial Services Group, ASIC at Curious Thinkers 2019 in Sydney.

Richard discusses ASIC’s key strategic priorities to support a fair, strong and efficient financial system for all Australians and current areas of focus in the Credit, Banking and Payments team.

Watch the video to hear more on specific initiatives from ASIC including Machine learning and digitally assisted compliance, Voice analytics the Review of the ePayments code.

Governance, Conduct & Regulation, Deborah Latimer

Deborah Latimer, Partner Governance, Regulation & Conduct Advisory, Deloitte at Curious Thinkers 2019 in Sydney.

We are in a new era of governance and Deborah talks to clients about key governance impacts from the Royal Commission and the interconnectedness of Governance, Conduct and Regulation.

Watch the video to learn more about why Deborah believes we are in a ‘beyond compliance’ world and why corporate governance is demanding a more direct consideration of societal issues in Australia.

Visual scribe of Governance, Conduct & Regulation Deborah Latimer

Data Trust by Design with Nathan Kinch

Nathan Kinch, CEO, Greater than X and inventor of Data Trust by Design at Curious Thinkers 2019 in Sydney.

The most trustworthy organisations will gain access to more of the right customer data. These organisations will win their market by delivering better consumer outcomes through data enabled Lifestyle Services.

Watch the video to hear from Nathan who showcases how ambitious organisations can apply Data Trust by Design to truly take advantage of the Open Data opportunity.

Visual scribe of Data Trust By Design With Nathan Kinch

 

Beyond Open Data with Louise Beaumont

Dr Louise Beaumont, Chair, Advisor and Investor at the second annual Curious Thinkers 2019 in Sydney.

Starting with Open Banking, we are moving to a world of Open Data which will fuel the delivery of predictive, pre-emptive, hyper-personalised services for both consumers and businesses.

Watch the video to hear Louise explain how we got here, where we’re going, and what it all means for the oft-abused commodity of Trust.

 

Branch Transformation with Simon Archer

Simon Archer, Regional banking leader, NCR at Curious Thinkers 2019 in Sydney.

Simon talks about the changing role of the bank branch and encourages the audience to rethink what the branch experience could look like.

Watch the video to hear why Simon believe there are ever increasing demands on bank branches and how enhancing the branch experience can deliver an exceptional customer experience.

Visual scribe of Branch Transformation With Simon Archer

Dual transformation with Andy Parker

Andy Parker, Partner, Innosight at Curious Thinkers 2019 in Sydney.

Andy focuses on helping clients develop long-term growth strategies, manage transformation, design disruptive growth businesses and build enduring innovation capabilities.

New research into the dynamics of transformation in ASX 200 firms has identified eight Australian Transformation Champions that have achieved exceptional and sustained growth.

Watch the video to learn more about the strategic drivers and capabilities behind the success of the eight champions. These include taking a dual transformation approach to growth, demonstrating digital dexterity, and making and funding clearly strategic choices.

Visual scribe of Dual Transformation With Andy Parker