L39 member Priviti wins Chief Product Officer Award at Westpac Innovation Challenge

Leading Australian bank Westpac has announced Level39 member Priviti as the winner of the Westpac Chief Product Officer Award at its 2018 Innovation Challenge.

The challenge is an initiative that gives startups the opportunity to pitch their ideas to help businesses meet their regulatory obligations and enhance customer experience. This accolade follows Priviti’s pitch to a panel of business experts at Westpac’s event in Sydney.

As Australia prepares for the Consumer Data Right, Priviti are perfectly placed to respond to regulatory change, ensuring customer privacy and consent, and product management.

Priviti’s team has contributed to the Australia standards working groups, helping to shape the future standard for data privacy and consent for sharing financial data.

Priviti is helping global financial institutions tackle consent issues in banking by giving consumers enhanced control over data sharing and helping companies comply with data protection laws and new regulations.

Priviti’s Head of APAC Dermot McCann said: “We are delighted that Priviti won the Chief Product Officer Award at Westpac’s Innovation Challenge. This is significant validation of the value Priviti adds by solving major data privacy and compliance issues for organisations with a secure, scalable solution that gives customers control over their data.”


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