Whitepapers and Submissions
Here are some formal submissions and Whitepapers we have developed. This will give you insight into our thinking.
Senate Select Committee on FinTech and RegTech
SUbmission to the senate select committee - fintech and regtech
By Lisa Schutz, CEO, Verifier
This submission was to the Senate Select Committee on Financial and Regulatory Technology. It argues that RegTech seeks to create a win for community and commerce by automating the outcomes the community wants, through laws and regulations, and also supports the monitoring of achievement and adherance.
REGTECH ASSOCIATION SUbmission to the senate select committee - fintech and regtech
by the RegTech Association
This is a submission by the RegTech Association to the Senate Select Committee on Financial and Regulatory Technology. Verifier is a founding member and our CEO, Lisa Schutz is one of the founding directors.
What We Think About Responsible Lending
Submission to ASIC on CP309
By Verifier
Specifically dealing with the proposed CP309.
Responsible Lending, Automated. Better Outcomes For Everyone
Whitepaper on Expense Verification
Having weathered the global financial crisis relatively unscathed, the australian credit industry finds itself under pressure to get its house in order with regard to responsible lending. This Whitepaper comes from the findings of the Expenses Verification Framework Initiative.
Responsible Lending, Automated. Towards a Consumer-Centric Operational Approach
Second Whitepaper on Expense Verification
The major focus of this White Paper is how expense verification should be conducted during the application process. This mirrors the focus of the Expense Verification Framework Initiative to date.
The Paradigm Shift in Consumer Credit Data
Lisa Schutz and Steve Johnson (Principal, FMIA)
Examines the challenges involved in managing the market for credit data.
What We Think About Identity
Why we need to build trust in the data debate
By Lisa Schutz, CEO Verifier
Article in FinTech Business.
Using Facial Recognition
Article with interview of Lisa Schutz
Articles in Business Insider Australia on the use of facial recognition.
What We Think About the Consumer Data Right (Open Banking)
Submission on the Consumer Data Right Framework
by Verifier
Addressing screen-scraping, deletion of data, dashboard access and authorisation.
Response to Open Banking in Australia AUGUST 2017
By Verifier
Proposing a dynamic data sharing system in Open Banking.
Submission on Revised Exposure Draft Amendment (Consumer Data Right) Bill
By Verifier
Recommending that consent should be designated data and that existing privacy protections (under the Australian Privacy Principles and Part IIIA of the Privacy Act) should be modified to ensure appropriate privacy protections for CDR data.
Submission on CDR Legislation
By Verifier
Recommending the prohibition of screen-scraping, clarifying the right to access data and a positive obligation to provide CDR data when requested. Also suggests a federated model for accredited data recipients.
Submissions to the Productivity Commission
Submission to the Productivity Commission
By Lisa Schutz, CEO, Verifier
This submission draws extensively on a paper presented at the Australian Centre for Financial Studies, 21st Melbourne Money and Finance Conference – 18-19 July 2016 “Fintech and Financial Innovation” conference.
2ND SUBMISSION TO THE PRODUCTIVITY COMMISSION
By Lisa Schutz, CEO, Verifier
A follow up submission to do two things – firstly, to provide specific information to assist the Commission and secondly to reflect on the overall goal of assisting Australia economically through better data availability and use and suggest some perspectives on governance which might assist.