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Open Banking

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Resources

Open Banking

Australia’s Consumer Data Right (CDR) puts consumers and businesses in control of their data to improve security, competition and transparency.

A global movement

Open Banking is taking shape across the world to give individuals and businesses better control, transparency and competitive services from their data.

In Australia, Open Banking is enabled by the

Skript is an Active Unrestricted Accredited Data Recipient

This means we’ve done all the hard work, so you don’t have to.

Skript Accredited Data Recipient: ADRBNK2010

Why Consumer Data Right over other data sources?

Not only do you get better quality data across every bank in Australia, but the CDR has been designed with privacy and security at the forefront to keep data safe.

Open Banking (CDR)

Direct Bank APIs

Screen Scraping

Privacy and security

Government legislated

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Access to every bank (ADI) in Australia

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Historical data

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Consistent data set across banks

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All bank account types, including term deposits and credit cards

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Accreditation Options

There are a few different ways to access the CDR. Skript can support you in all access models, for example:

CDR Representative

Skript can become your CDR Principal, whereby you will be required to comply with all CDR Rules, allowing you to receive both individual and business data.

Accredited Data Recipient

If you have your own accreditation, Skript can support you as an outsourced service provider (OSP) to connect to CDR data and facilitate consent management.

Trusted Adviser

If you are a mortgage broker, financial adviser, financial planner, tax agent or lawyer, you can access data without further accreditation requirements.

Business Disclosure

If you only require data belonging to businesses, you can do so without further accreditation requirements under the BCDC model.

Insights

If you only require insights derived from your customers' data, e.g. account checks, balance checks, or transaction roundups, you can do so without further accreditation requirements.

Accreditation Options

There are a few different ways to access the CDR. Skript can support you in all access models, for example:

CDR Representative

Skript can become your CDR Principal, whereby you will be required to comply with all CDR Rules, allowing you to receive both individual and business data.

Accredited Data Recipient

If you have your own accreditation, Skript can support you as an outsourced service provider (OSP) to connect to CDR data and facilitate consent management.

Trusted Adviser

If you are a mortgage broker, financial adviser, financial planner, tax agent or lawyer, you can access data without further accreditation requirements.

Business Disclosure

If you only require data belonging to businesses, you can do so without further accreditation requirements under the BCDC model.

Insights

If you only require insights derived from your customers' data, e.g. account checks, balance checks, or transaction roundups, you can do so without further accreditation requirements.

Accreditation Options

There are a few different ways to access the CDR. Skript can support you in all access models, for example:

CDR Representative

Skript can become your CDR Principal, whereby you will be required to comply with all CDR Rules, allowing you to receive both individual and business data.

Accredited Data Recipient

If you have your own accreditation, Skript can support you as an outsourced service provider (OSP) to connect to CDR data and facilitate consent management.

Trusted Adviser

If you are a mortgage broker, financial adviser, financial planner, tax agent or lawyer, you can access data without further accreditation requirements.

Business Disclosure

If you only require data belonging to businesses, you can do so without further accreditation requirements under the BCDC model.

Insights

If you only require insights derived from your customers' data, e.g. account checks, balance checks, or transaction roundups, you can do so without further accreditation requirements.

It's more than banking

The CDR is all about putting a consumer in control of their data - beyond just banking data.

CDR Policy

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- Transaction Roundups

News

FAQs

Open Banking

CDR Policy

Home

Products

- Superskript

- Superskript Plus

- Subskript

- Inskript

Use Cases

- Payment Reconciliation

- Finance Management

- Income Verification

- Customer & Account Check

- Balance Check

- Transaction Roundups

News

FAQs

Open Banking