Open Banking
What you need to know

At Basiq, we’re providing you with all the tools to seamlessly acquire and use Open Banking data in a CDR compliant way. Learn how Open Banking can enable you to improve your product or service to create better customer experiences.

What does the future hold for Open Banking in Australia?

The Australian Consumer Data Right (CDR) is an exceptionally forward-thinking policy. The current implementation of the CDR across the financial services industry – or Open Banking – has facilitated a fundamental shift in the way consumers interact with their data.
Open Banking has prompted significant investment at a Federal Government level, which has precipitated large transformation programs for Banks and major strategic shifts within Financial Technology companies. Find out about the untapped potential of CDR and Open Banking.

Basiq’s Open Banking Product

Take advantage of Open Banking today. Basiq provides you with all the tools to seamlessly acquire and use Open Banking data in a CDR compliant way. Since 2017, we’ve been helping our customers leverage financial data via traditional methods. Now, Open Banking offers a formulation from a technical and regulatory standard that can accelerate data liquidity and provide even more financial data insights.

Looking to find out more about Basiq’s ‘Dynamic Switching’ capability, CDR Consent Management and Data Governance?

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