Complete financial picture
Get a holistic view of your customer’s finances across all connected accounts
Perform pre-fund checks
Help eliminate dishonour fees by conducting pre-funds check before a payment is made
Identify moments where a customer is able to allocate funds to pay off debts
Discover benefits for
The Basiq platform provides access to data and insights to optimise the collections experience,
enabling you to focus on creating unique value for your customers
01 Streamline onboarding
Seamlessly onboard users and ensure collections are processed from the right account by verifying bank account details such as Name, BSB and Account number.
02 Ensure successful payments
Perform real-time balance checks to ensure successful collection of overdue payments. Understand changes in a person’s financial position and take proactive steps to help manage customer experience in optimising overdue payments and debt collections.
03 Debt serviceability
Capture up to 2 years of historical financial data to build a profile of a customer’s financial position. Understand repayment history, income frequency and regular/irregular sources of income to create customised debt repayment plans.
04 Reduce likelihood of default
Highlight early signs of potential hardship based on changes in a customer’s financial position. Take proactive steps and create customer experiences to help prevent the likelihood of default.
Learn more about the benefits for collections providersView guide
Products used by collection providers
Access financial data feeds from banks, super funds and other financial institutions with account information and detailed transaction history to gain a deeper understanding of your end users.Learn more
Generate insights from financial data and get a complete financial picture of your customers. View income sources, financial commitments, risk metrics, expense categorisation and merchant insights.Learn more
See how partners are using Basiq
Leveraging Open Banking throughout the credit lifecycle
“Only recently have we started to see the use of alternative data sets in credit performance. The benefits are clear but there’s been little in the market that reflects how powerful financial data can be. We are extremely excited with this partnership as it allows us to execute on these benefits and leverage transactional data insights to improve every aspect of the credit lifecycle for borrowers and lenders.”
Dion Nathanielsz, CEO
Why partner with us
Knowledge & Expertise
Years of experience in accessing and driving insights from financial data through RESTFUL and fully documented APIs.
Scalability & Reliability
Helped over 3.4m consumers share their data on the platform with over 1m data requests per day.
Open Banking provider
Recognised as a provider of Open Banking services by the ACCC as an Accredited Data Recipient under the CDR.
Accelerate development with Basiq’s developer starter kits, best practice quick start guides and API documentation.
A single integration to plug in to the Basiq platform to access data and insights services.
A dedicated local support team that ensures smooth implementation, continuous support and fast response times.