ARCA News Feed https://www.arca.asn.au/news en ARCA CREDIT SUMMIT 2020 https://www.arca.asn.au/newsarca-credit-summit-2020.html https://www.arca.asn.au/newsarca-credit-summit-2020.html     

 

The ARCA Credit Summit is back for its 8th year running!
 
This year we provide you with practical workshops, insightful plenaries and opportunities to network all from an online platform. 
 
Click here to visit the ARCA Credit Summit website for more information, or to register.
 
Super Early Bird tickets are only available until 30 June 2020 – Secure your spot now or get in contact with Amanda Ward for organisation tickets at: award@arca.asn.au
 
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Mon, 22 Jun 2020 09:30:00 +1000
ARCA appoints new Board Chairman https://www.arca.asn.au/newsarca-appoints-new-board-chairman.html https://www.arca.asn.au/newsarca-appoints-new-board-chairman.html We are pleased to announce the appointment of Peter Wilson AM as Independent Director and Chairman of the ARCA Board. 
 
Mr Wilson is currently the Chairman of CPA (Australia) which is the largest professional association for accountants in Australia, and the Chairman of the Australian HR Institute, the largest association for People and Culture professionals. He is also a non-executive Director of Vision Super.
 
Mr Wilson is an Adjunct Professor in Management at the Monash Business School, Monash University, Melbourne, and is an accredited PhD Supervisor at the Latrobe Business School, Latrobe University.
 
Prior to this, Mr Wilson held senior executive roles in the Commonwealth and Victorian Treasuries, and Group Executive roles at ANZ, Amcor Limited, and as CEO of Energy 21. He held non-executive director appointments on Boards of Dalgety Farmers Ltd, Kimberly-Clark Australia, and the Commonwealth Safety Rehabilitation and Compensation Commission as Chairman.
 
Mr Laing, ARCA CEO and former Executive Chairman, welcomed Mr Wilson to the Board and said: “The Board was impressed by Peter’s extensive experience and his breadth of skills and are delighted that he accepted the role” adding “His expertise will contribute greatly to both the Board and management team at ARCA, and we look forward to working with him to build on our valuable work in supporting industry and consumers to make better credit decisions, especially through making richer data available through the credit reporting system and open banking, and its use in areas such as responsible lending.” 
 
Mr Wilson added, “I am excited to be joining the ARCA Board at what is a critical time for financial services in Australia as we work through the implications of COVID-19 on the economy and individual consumers. ARCA plays an important role across industry in supporting credit decisions and its management, and I look forward to working with my fellow Directors on the Board, and Mike and the management team”.
 
Mr Wilson was made a Member of the Order of Australia in 2005 for services to workplace relations and safety and community service and was awarded a Centenary Medal in 2004.



Mr Wilson will join the ARCA Board from 1 July.   

 

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Mon, 22 Jun 2020 09:00:00 +1000
COVID-19: What does it mean for my credit health? https://www.arca.asn.au/newscovid-19-what-does-it-mean-for-my-credit-health.html https://www.arca.asn.au/newscovid-19-what-does-it-mean-for-my-credit-health.html
COVID-19: WHAT DOES IT MEAN FOR MY FINANCES AND MY CREDIT HEALTH?

Credit in the time of COVID-19

The impact of the novel coronavirus, COVID-19, is being felt across the globe, with national economies suffering, businesses being forced to close, and millions of people finding themselves either unemployed or in difficult financial circumstances. Click here to view the infographic 'COVID-19... WHAT DOES IT MEAN FOR MY FINANCES AND MY CREDIT REPORT?'
 
Fortunately, in Australia, banks and other credit providers are stepping up to try and ease some of the challenges their clients are facing.
 
Visit CreditSmart.org.au to find out more.
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Sun, 21 Jun 2020 06:05:00 +1000
ARCA National Conference 2019 Announced – Unleashing the Power of Data in Credit Management https://www.arca.asn.au/newsarca-national-conference-2019-announced-unleashing-the-power-of-data-in-credit-management.html https://www.arca.asn.au/newsarca-national-conference-2019-announced-unleashing-the-power-of-data-in-credit-management.html Join credit management colleagues, regulators and industry experts at this premier annual event for the credit industry. Our local and international experts will provide cutting edge insights on how to unleash the power of data in credit management.

THE CONFERENCE AT A GLANCE:

  • 13-15 November 2019 at the RACV Royal Pines, Gold Coast
  • Our expert speakers and panellists will provide cutting edge insights, global learnings, and thought leadership
  • The conference will include workshops and break-out sessions across Strategic, Technical and Legal streams
  • Enjoy unique networking opportunities with colleagues and industry players on a local and international level at the Welcome Cocktail Party, Conference Breakfast and Gala Dinner
  • Visit the conference website for more information at www.arcaconference.com.au.

Last year the conference sold out with more than 500 attendees. Book your ticket now so you don't miss out! Early Bird tickets are available from now until 30 August.


TO REGISTER:

Register now to lock in great value Early Bird tickets until the 30th August.

Interested in registering a team? Special 10% discounts are available to credit providers that register 10 or more people at one time. Click here to enquire, as certain restrictions apply.
 
CAN WE HELP?
Please contact:

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Sat, 10 Aug 2019 20:55:00 +1000
September ARCA Executive Breakfast series announced! https://www.arca.asn.au/newsseptember-arca-executive-breakfast-series-announced.html https://www.arca.asn.au/newsseptember-arca-executive-breakfast-series-announced.html

We are delighted to announce our next ARCA Executive Breakfast series will be held in Melbourne on Thursday, 19th September and in Sydney on Wednesday, 25th September.
 

Millennials – the Future of Credit?

 
The number of credit cards in Australia has dropped, mortgage application numbers are down, buy now pay later products are on the rise, and headlines are declaring the end of days for credit. Eyes are on millennials, the 23-38 year olds who represent a key demographic in the economy and the credit landscape.
 
We will look at how different millennials really are to other generations (and ask whether they’re different at all):

  • What does credit mean to millennials?
  • What lenders and products are ‘winning’ the millennial market?
  • Can traditional mortgage providers appeal to millennials as likely first home-buyers, or will millennials see fintechs take over the mortgage market?
  • Is there such a thing as brand loyalty these days?
  • As tech leaders, how do millennials balance concerns around privacy and data use, with the desire for good customer experience and getting the best deal?

Members and industry guests will have the opportunity to ask questions from the floor. Our facilitator will be Moses Samaha, Executive General Manager, Equifax.
 
Melbourne Executive Breakfast, Thursday 19th September 7am-10:30am

Sydney Executive Breakfast, Wednesday 25th September 7am-10:30am

Tickets: 

  • ARCA Member Individual ticket: $132
  • ARCA Member table of 8: $116pp
  • Non-Member: $162
  • Non-Member table of 8: $142pp

All prices excl GST
 
These Executive Breakfasts are kindly sponsored by Equifax, and on behalf of Members, we thank Equifax for this support.
 
If you have any further questions, please contact ARCA’s Geraldine Cremin –gcremin@arca.asn.au  or:
Taylor Henderson - thenderson@rfigroup.com for event enquiries.
James Harradine - jharradine@rfigroup.com for ticket enquiries. 

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Tue, 30 Jul 2019 11:30:00 +1000
Last chance to purchase tickets to the Sydney ARCA Executive Breakfast! https://www.arca.asn.au/newslast-chance-to-purchase-tickets-to-the-sydney-arca-executive-breakfast.html https://www.arca.asn.au/newslast-chance-to-purchase-tickets-to-the-sydney-arca-executive-breakfast.html

 

Our first round of Executive Breakfasts for 2019 is fast approaching.  The Sydney breakfast is this week, so now is your last chance to secure your tickets to this important event.  
 

 

Our topic is Open banking... what’s driving the final design?

The event is sure to be an insightful and topical discussion with our panel of industry experts, each bringing a unique perspective on what the future of open banking may hold – including what will happen, now the Consumer Data Right (CDR) legislation is on the shelf due to the Federal election!

 

Mike Cutter, Equifax Group Managing Director Australia and New Zealand, will moderate the event, and will be joined by:
 

 

 

Sydney Executive Breakfast, Thursday 9 May 7am-10:30am

 

Tickets: If you haven’t yet booked enough tickets for your teams, please do so now - as these events will soon sell out. 

  • ARCA Member Individual ticket: $132
  • ARCA Member table of 8: $116pp
  • Non-Member: $162
  • Non-Member table of 8: $142pp

All prices excl GST

 

These Executive Breakfasts are kindly sponsored by Equifax, and on behalf of Members, we thank Equifax for this support.

 

If you have any further questions, please contact ARCA’s Geraldine Cremin – gcremin@arca.asn.au  or:
Domonique Jovanovich - djovanovich@rfigroup.com for event enquiries.
James Harradine - jharradine@rfigroup.com for ticket enquiries. 

 

The ARCA team look forward to welcoming you to this important event.

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Thu, 18 Apr 2019 08:30:00 +1000
Privacy (Credit Reporting) Code (CR Code) variation https://www.arca.asn.au/newsprivacy-credit-reporting-code-cr-code-variation-1.html https://www.arca.asn.au/newsprivacy-credit-reporting-code-cr-code-variation-1.html Privacy (Credit Reporting) Code (CR Code) variation

ARCA is conducting a consultation on the proposed CR Code variation between 30 January 2019 and 28 February 2019. The context for this variation is set out in greater detail below.

The consultation material is as follows:

Further information on the independent review into the CR Code is available here: https://www.oaic.gov.au/privacy-law/privacy-act/credit-reporting

Feedback in response to the consultation material can be emailed to CRCode@arca.asn.au by close of business, Thursday 28 February 2019.

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Wed, 30 Jan 2019 10:05:00 +1100
Privacy (Credit Reporting) Code (CR Code) variation https://www.arca.asn.au/newsprivacy-credit-reporting-code-cr-code-variation.html https://www.arca.asn.au/newsprivacy-credit-reporting-code-cr-code-variation.html Privacy (Credit Reporting) Code (CR Code) variation

ARCA is conducting a consultation on the proposed CR Code variation between 3 and 17 April 2018. The context for this variation is set out in greater detail below.

The consultation material is as follows:

Further information on the independent review into the CR Code is available here: https://www.oaic.gov.au/privacy-law/privacy-act/credit-reporting

Feedback in response to the consultation material can be emailed to CRCode@arca.asn.au by close of business, Tuesday 17 April 2018.
 

Context for CR Code variation

The OAIC has written to ARCA and confirmed that it would consider an application by ARCA (as Code developer) to vary the CR Code to address the following matters identified by the CR Code Independent Reviewer (Pricewaterhouse Coopers):

  • clarifying the timing of issuance of section 21D notices and the possibility that there is inconsistency between the relevant provisions in the Privacy Act 1988 (Cth) and the Credit Code (PwC recommendation 4)
  • clarifying the permitted methods of delivery of section 21D notices and where to deliver those notices (PwC recommendation 5)
  • determining how the ‘maximum amount of credit available’ is calculated and consistent categorisation of credit contracts in determining the maximum amount of credit available (PwC Issue 15)
  • determining ‘the day credit is terminated or otherwise ceases to be in force’ to ensure accurate disclosures of consumer indebtedness (PwC Issue 16)
  • improving and clarifying mechanisms for correction of information (PwC Issue 18)
  • clarifying the definition of ‘month’ for purposes of reporting repayment history information (RHI) in respect of whether the time is to be calculated using business and/or non-business days (PwC Issue 29)
  • clarifying the impact of the application of a ‘grace period’ when calculating the first RHI period (PwC recommendation 7)
  • clarifying the scope of prohibition for developing a ‘tool’ to facilitate a CP’s direct marketing (PwC recommendation 8).

Given the introduction of the National Consumer Credit Protection Amendment (Mandatory Comprehensive Credit Reporting (CCR)) Bill 2018 in Parliament on 28 March 2018, it is expected that ARCA will work towards obtaining the Acting Australian Information Commissioner’s approval of these variations, so that they apply by 1 July 2018. On this basis, the OAIC expects that ARCA will commence consultation in early April 2018.

 

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Mon, 02 Apr 2018 19:10:00 +1000
Ease the Hardship… of Hardship Processes https://www.arca.asn.au/newsease-the-hardship-of-hardship-processes.html https://www.arca.asn.au/newsease-the-hardship-of-hardship-processes.html    

 

Katabat and Connected Analytics are partnering to drive financial hardship program innovation in a way that benefits both financial institutions and struggling debtors. We have developed a multi-pronged strategy to deliver significant financial and customer experience returns within those external and internal constraints.

 

Join us for a webinar on Wednesday 13 December, 2017 at 12:00 PM AEST, 1:00PM AEDT, 10:00AM AWST.
 
Once a borrower gives notice of hardship, the National Credit Code mandates that dealing with their hardship is your problem. How is your organization managing that challenge?Australian lenders’ responses to hardship are limited by poor integration of data and decisioning and sorely deficient customer communications.
 
Join internationally-recognised hardship expert David Grafton, Director of Business Development at Connected Analytics, along with Rob Davies, Director of Business Development at Katabat for Australia and New Zealand, for a live and interactive webinar on 13 December 2017. They will address the use of technology to enhance regulatory compliance while disrupting the status quo of hardship strategies in Australia.

 

Read more.

 

REGISTER NOW

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Wed, 06 Dec 2017 16:45:00 +1100
iappANZ 2017 SUMMIT https://www.arca.asn.au/newsiappanz-2017-summit.html https://www.arca.asn.au/newsiappanz-2017-summit.html Members and the broader privacy community are invited to explore the tension between privacy and data utilisation at the iappANZ 2017 Summit to be held at Dockside Cockle Bay Wharf on Tuesday, 3 October. Join our MC, Tracey Spicer, and Australasia’s leading brands and government and regulatory representatives as we unpack the latest issues in privacy regulation and policy, including:
 
  • Updates from Australian and New Zealand regulators
  • The EU GDPR – Its effect in Australia and New Zealand and what to do about it
  • Managing privacy risk through de-identification and other protections
  • How to drive change by winning hearts, not minds
  • Workshop:  Safe data, trusted data use: what it means and how to get there
  • The ethics of spyware – What happens when you spy on a thief?
  • Cool or creepy? Navigating a safe path to unlock the power of big data, AI and analytics
All privacy practitioners are also invited to attend an exclusive security workshop on Wednesday, 4 October hosted by SafeStack CEO and Security Cat Herder Laura Bell. Entitled "Bringing security and privacy practitioners together… it’s like herding cats" the practical session will introduce the key concepts of security, and provide an opportunity to work through a breach case study that required privacy and security teams to work closely together on a global scale.
 
SUMMIT REGISTRATION:
 
Members - $687.50
Non Members - $907.50 
(Non member registration includes 1 year iappANZ membership)
 
Registration includes access to all summit sessions and exhibition, summit satchel, catered tea breaks and post summit networking drinks. 
 
DAY 2 WORKSHOP REGISTRATION: 
 
Members - $195.00

Non members - $225.00

 

Click here to register to download the program

 

 

SPECIAL OFFER TO ARCA MEMBERS 

Receive the iappANZ member rate to attend the summit 

 

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Mon, 11 Sep 2017 11:45:00 +1000