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  • Early wins for OnePath's AI insurance underwriting project

    ​ANZ bank's insurance arm OnePath Life Insurance today revealed some early wins for its project with researchers at the University of Technology Sydney (UTS) which uses machine learning models and advanced analytics to improve the insurance underwriting process.

  • Govt gives Open Banking regime the go ahead

    ​Consumers will be granted new rights over their banking data from July next year, with the government this week announcing it would implement the recommendations of the Review into Open Banking.

  • Budget 2018: Government funds push to unlock data

    The government will put more than $65 million towards funding new rules that will give consumers greater control over their personal data and make more public-sector data sets available for businesses, agencies and researchers.

  • Cambridge Analytica shuts up shop

    Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook user data, and its British parent SCL Elections Ltd, are shutting down immediately after suffering a sharp drop in business, the company has announced.

  • No need to fret, CBA says of mammoth data breach

    The Commonwealth Bank says there is “no evidence of customer information being compromised or suspicious activity” as a result of copies of financial data relating to some 19.8 million customer accounts being misplaced in 2016.

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