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Basiq and Ernst and Young have collaborated to write a comprehensive white paper looking at the future of write access in Australia (download link at end of page). It compares and contrasts two implementations of ‘write access’ for payment initiation – one falling under the Consumer Data Right (CDR) and the other under the New Payments Platform (NPP’s) PayTo. It suggests the extensibility of ‘actions’ outside of payments has been an important policy development by Treasury.


The paper ‘Write Access & The Future of Third Party Payment Initiation in Australia’ is a deep-dive into:

✅ An overview of Open Banking’s development in Australia and its ‘metamorphosis’ moment into the Consumer Data Right (CDR)

✅ A comparison of two forms of Write Access for third party payment initiation – including the New Payments Platform’s (NPP) ‘PayTo’ and CDR’s ‘Action Initiation’

✅ A discussion on the extensibility of Action Initiation outside of solely payments, hinting at unlocking new economy-wide use cases

✅ An investigation into lessons learnt from the United Kingdom and Europe for both Read and Write Access

✅ A proposal for future research into the potential for global cross-border data sharing


The paper is a useful resource for other countries who are currently emulating, and building upon, the CDR policy in their own geography – such as Canada and New Zealand.

Download the White paper

You can download the white paper through this link here.

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Basiq mandates its writers to leverage primary sources such as internal data, industry research, white papers, and government data for their content. They also consult with industry professionals for added insights. Rigorous research, review, and fact-checking processes are employed to uphold accuracy and ethical standards, while valuing reader engagement and adopting inclusive language. Continuous updates are made to reflect current financial technology trends. You can delve into the principles we adhere to for ensuring reliable, actionable content in our editorial policy.