Individuals and organisations have been invited to submit feedback to a federal government consultation process about ‘screen scraping’, which may soon be banned.
Screen scraping involves consumers providing their log-in details to third parties to collect data to provide a product or service, such as loans.
This is a common practice, however a recent statutory review of the Consumer Data Right (CDR) recommended screen scraping be banned where the CDR is a viable alternative. That’s because the sharing of log-in details is inconsistent with cyber security advice and may pose consumer protection risks.
The consultation process, which ends on October 25, is seeking views on the feasibility of banning screen scraping and the comparability of data accessed through screen scraping with the CDR.
This follows on from the recent release of exposure draft rules that would expand the CDR to the non-bank lending sector.
“The proposed expansion to non-bank lending is expected to give consumers a more holistic view of their financial status when making significant decisions, and a safer alternative to screen scraping,” Minister for Financial Services Stephen Jones said.
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