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Cuscal and Basiq have entered into a binding agreement under which Cuscal will acquire a controlling interest in Basiq, subject to customary conditions. This acquisition brings positive news to the recent investment downturn and provides hope for local homegrown start-ups.
Open Banking and web connectors are two different ways businesses can access customer financial data to deliver a service, such as a budgeting tool, loan application or investment app. Read on to find out how they compare.
The Consumer Data Right and Open Banking is quickly changing the landscape of financial services in Australia.
In this informative article we explore the basics of Open Banking in Australia, looking at its benefits, the key players, accreditation, security and much more.
If your customers are having issues connecting a bank account via Open Banking, one possible reason for the problem could be that it is a joint account. A joint account is considered any account with more than one account holder (personal accounts only).
Basiq brings data and payments together on the one platform with Smart Payments, supercharging Fintechs to launch new services.
Fonto have developed the ability to seamlessly link daily transaction data with survey research, providing a rich source of consumer insights for businesses. Sitting down with Fonto CEO, Ben Dixon, we learnt more about how they’ve been able to create a unique consumer-driven data ecosystem.
Pearler, Way Forward, The Payment App, Otivo and Fonto to access Open Banking via Basiq, becoming the first Unrestricted Accredited Data Recipient (ADR) to provide access to CDR and non-CDR data under this arrangement.
