Welcome to Episode 5 of The FinTech Report podcast.

Tim Poskitt is Envestnet Yodlee’s Country Manager for Australia & New Zealand, and is responsible for the company’s local strategy and go-to-market efforts. Tim has worked in Europe, the United States, and APAC in the finance and FinTech sectors, and currently sits on three advisory boards as a fintech advisor: Archa, Credi.com and Repute Digital.

Tim is passionate about empowering financial service providers to use data and intelligence to better serve their customers, and has extensive knowledge on the topics of finance innovation, CDR, open banking, responsible lending, and data aggregation and analytics.

Yodlee has held an office in Australia for over a decade, is actively engaged with the ACCC and Open Banking and is compliant with the highest level of local and international infosec standards. Yodlee’s data solutions are used by some of the region’s most exciting and innovative companies, including 86 400, Xero and Moneysoft.

In this episode we discuss:
Tim's background and  what led him to Yodlee
What does Yodlee do? What does data aggregator mean? 
Who are Yodlee's customers?
The evolution of data – from Data Aggregator to Open Banking
What is Open Banking? How does it work? 
What is the future for Open Banking?
What’s the business model? 
Tim’s views on the Australian fintech ecosystem