Unlock the potential of Open Finance
Connect your product to your users financial data easily and securely through a single API.
Access a variety of data sources including Open Banking to build engaging experiences your users will love.
Questions? Contact our team
Powering over 120 leading fintechs
Accelerate access to Open Banking
As an Accredited Data Recipient (ADR) we’ve taken away the complexity in helping you get access to Open Banking
Why Basiq?
+1.5m
consumers have shared their data through the Basiq platform.
+700k
active monthly consumers on the Basiq platform.
+130
connections to institutions enabled via the Basiq platform.
Everything you need to leverage banking data
Basiq provides all the tools you need to optimise customer experiences and transform financial services.
Secure, consent driven connectivity to banking data
Easily access your customers banking data with enterprise-grade security and managed consent.
Complete aggregation platform for acquiring financial data
Combine financial data from multiple accounts to get a complete view of your customer’s finances.
Connect and refresh data in real-time
On-demand retrieval of account balances and new bank transactions.
Comprehensive financial insights
Identify all sources of income, analyse expenses and discover cash assets and liabilities.
The complete picture at your fingertips
Basiq provides all the essential data you’ll need to build a complete picture of your customer’s finances.
Accounts
Retrieve a complete list of accounts held with each institution along with their details and balances.
Transactions
Acquire historical and current bank transactions from each account.
Income
Verify regular and variable sources of income using our powerful income detection algorithm.
Expenses
Analyse expenses in detail by observing customer spending across more than 250 categories.
Assets
Understand your customer’s current cash reserves, investments and other vital assets.
Liabilities
Identify liabilities such as mortgages and loans, and gain insights into credit card usage behaviour.
Identity
Verify the identity associated with each
linked institution.
Mortgages
Discover mortgage information such as interest rate, instalment date, loan type and more.
Not ready yet? Talk to an expert
Developer Friendly API
Simple to use, RESTful, and fully documented APIs that help you quickly integrate with your application.
Get a head start with our developer guides, and make your first call to our APIs within a few minutes. Use our fully functional sandbox to test your apps before going live.
{
"type": "account",
"institution": "AU00000",
"accountHolder": "Gavin Belson",
"name": "e-saver",
"class": "savings",
"accountNo": "00000-11111",
"availableFunds": "420.28",
"balance": "356.50",
"currency": "AUD",
"lastUpdated": "2020-03-20T13:39:33Z"
}Security
Our security approach focuses on security governance, risk management and compliance. This includes encryption at rest and in transit, network security and server hardening, administrative access control, system monitoring, logging and alerting, plus more.
Secure environment
Our physical infrastructure is hosted and managed in a ISO 27001, SOC 1 & SOC 2, PCI Level 1, FISMA Moderate and SOX certified data centres.
Multi-factor authentication
Two-factor authentication and strong password controls are required for administrative access to all systems.
Restricted network access
Firewalls are utilised to restrict access to systems from external networks and between systems internally.
Data encryption
We store data at rest using 256-bit AES encryption and use an SSL/TLS secure tunnel to transfer data between your app and our API.
Secure development practices
Our development follows industry-standard secure coding guidelines, such as those recommended by OWASP.
Realtime monitoring
We conduct behavioural monitoring, vulnerability assessment, SIEM and intrusion detection to detect threats and keep our system safe and secure.
Industry Leading Products
Some of the most innovative fintechs in the world utilise the Basiq platform to provide market leading solutions.
Access account data in real-time
Connect
Get real-time access to account details, balances and transactions from financial institutions.
Enhance transactions with
merchant data
Enrich
Get rich insights by identifying the merchant, expense category and location of each bank transaction.
Gain deep insight of your
customer’s finances
Affordability
Get a better understanding of your customer’s financials by identifying income sources, expenses, assets and liabilities.
Uncover rich insights
with data driven payments
Payments
Execute payments through the Basiq platform by combining the power of financial data and payments.
Ready to get started?
Get in touch or create an account.
