The NAB data tracking controversy mirrors a situation suggested by one fintech professional during the Q&A session for Federal Treasurer Scott Morrison's presentation on ASIC's proposed "regulatory sandbox" at the Tyro Fintech Hub.He was keen to hear directly from Morrison as to what steps were being taken - if any - to streamline the release of data held by government agencies such a ASIC, and noted that better quality and more open data would allow companies like his - which help small businesses manage their cash flow - to run their models more effectively.In a response notable for its political craft, Morrison said that there were moves underway, via the Productivity Commission, to review specific issues and advise on how to make that "open system more open"."We do understand that [data] is one of the key building blocks for successful businesses, especially those in the fintechs sector - a lot of which is about monetising data along with transactions. Governments have a role to play in contributing [to that success], obviously with the appropriate safeguards - and that is something we have to get right."Customers themselves are becoming more permissive about the use of data, but only when ... products are pitched to them that seeks their permission," Morrison said."We are moving into a new order [where] there is a greater understanding of the protections that are necessary. But equally, there are the technological solutions available today to provide those protections, and also gain the advantage of protecting customers' data."