The Basiq platform has been upgraded in preparation for Open Banking and Basiq is now an ACTIVE accredited data recipient, meaning that we can actively access Open Banking data!
We recently optimised our connectors for Australia’s major institutions with some fantastic results! We reduced the time-to-onboard for new customers with a new queueing mechanism and implemented a quicker retrieval of information from major Banks.
As banks lean toward MFA as a requirement for login, we have enhanced our Connect API to support MFA. Allowing your customers to have peace of mind when securely sharing their data.
To help you accelerate new features with real-time enrichment, detailed classification, accurate merchant location and the latest merchant information, we’ve added the ability to return enriched transaction data via one endpoint.