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Former big four payments head leading open banking

— 1 minute read

The ACCC has chosen an ex-NAB, CBA and Westpac staffer to head up its new standalone consumer data right division.

Paul Franklin

Former NAB payments product head Paul Franklin has started working on the delivery of the CDR, which will first roll out in the banking sector (open banking). 

Mr Franklin is said to have more than 20 years’ experience in the banking industry, having also been involved in the development of Australia’s New Payments Platform. 

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With the appointment, Scott Gregson, executive general manager of merger and authorisation review has transitioned away from CDR activities. 

The launch of open banking forcing the big four banks to share consumer data was recently delayed until July from its original February deadline.

 

Former big four payments head leading open banking
Paul Franklin
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Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].

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