Business

Credfin’s Identification Solutions 

Approximately 40 percent of all fraud and deception offences in Australia involve identity-related crime. eCommerce merchants currently lose between 1 and 5 percent of revenue to fraud and, across all sectors, compromised security contributes to $2.4 billion in fraud every year. “eCommerce companies told us there is a trade-off between fraud and convenience. If they …

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Putting the Consumer back into Consumer Data Right

A recent nation-wide survey conducted by Credfin determined that 75% of respondents had not heard of the term Open Banking. Whilst Open Banking is new to Australia, these figures are concerning, as Open Banking and broader Consumer Data Right originate from consumers’ rights to access and control their personal data. How integral is it for …

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Financial Priorities for the Everyday Aussie: 2021 Survey Results

The results are in! Credfin conducted a nation-wide survey where everyday Aussies anonymously answered questions about their experiences with personal finances. We have analysed the results and determined three top financial priorities for the everyday Aussie. The Sample  The respondents involved represent a diverse spread of age, sex and location. Though the combined percentages of …

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Winner of FDATA 4th Annual Global Open Finance Awards – Credfin

Credfin is pleased to be the winner of the “Best use of Open Banking in Consumer Credit/Lending offerings” award. We are thrilled to have won this prestigious award and in the company of world leaders and Fintech innovators.FDATA Global is a not-for-profit organisation representing Fintechs from all around the world, with over 100 members globally and 24 …

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