iSelect says banks, insurers must share data | afr.com

"A system for securely sharing customer data between institutions must be mandated to ensure timely adoption and compliance, and as a way of preventing anti-competitive, delaying or frustrating tactics in Australia's banking and insurance sectors, according to ASX-listed iSelect.

In a response to a recent Productivity Commission report, iSelect said that the introduction of open data application programming interfaces could be one way of ensuring customers get a fairer deal."