Open Banking platform TrueLayer has hired Regional Australia Bank’s Rob Hale as head of banking in Australia.
Hale was chief digital officer at Regional Australia Bank and, prior to that, chief information officer, helping it to become the first Australian bank to achieve the status of both data holder and unrestricted Accredited Data Recipient under the CDR.
“It’s been great to be involved at the genesis of CDR and help a bank to seize the opportunity in Open Banking. That is why I’m particularly excited to be joining TrueLayer as we look to the next horizon of the CDR – action initiation and payments,” said Hale.
The appointment comes as TrueLayer was approved by the Australian Competition and Consumer Commission (ACCC) as an unrestricted Accredited Data Recipient under the CDR and launched its global Open Banking platform in Australia in September.
Brenton Charnley, TrueLayer’s CEO of Australia and New Zealand, said: “We’re delighted that someone of Rob’s calibre has chosen to join us as head of banking.
“He is a leading advocate for the CDR and the critical role it is playing in transforming Australian financial services. His knowledge of what it takes for banks to deliver Open Banking will be invaluable. There is so much opportunity to open up the whole of finance, working with banks and non-banks to deliver innovation in banking, lending and payments.”
Hale added: “TrueLayer is bringing its global Open Banking expertise into Australia to help international and local clients access CDR data in the right way. I’ll be devoting my time to supporting banks, fintech firms and others to harness the power of open data to deliver new services for Australian consumers and businesses.”
Charnley is expanding TrueLayer’s team in Australia and New Zealand across product, engineering, operations, commercial and marketing functions.