Frictionless donations with the Basiq platform Intro With Christmas fast approaching and the uncertainty of a pandemic still sitting at the back of our minds, it is a safe assumption that concerns around job security, economic
Basiq in the news Basiq announces strategic investment from Visa Visa has invested in Basiq, the API platform powering some of Australia’s most innovative banks and fintechs with financial data.
Product News The need for speed: Basiq’s onboarding and connectors have been optimised! Why we focus on your customer’s experienceMost of our partners have a B2C business model and this means they probably have an App or maybe a web App to
Basiq Insights What can Open Banking learn from TikTok? The uptake of Open Banking could be rapidly accelerated via education on what Open Banking is by ‘Finfluencers’ who are prominent in the financial literacy and education space on TikTok.
Partner showcase Making charitable donations frictionless with GoGive We’re thrilled to welcome GoGive to the Basiq platform via our Startup Launchpad! About GoGiveGoGive was born with the mission of simplifying the act of donating to increase the
Basiq Insights Write Access and the Future of Third Party Payment Initiation in Australia Basiq and Ernst and Young have collaborated to write a comprehensive white paper looking at the future of write access in Australia.
Partner showcase Curbing financial hardship in the rental market with LIZpay We’re excited to be welcoming LIZpay to our growing community of startups that have joined as part of Basiq Launchpad.
Basiq Insights Opportunity missed: Three recommendations to further the intersection of NPP’s PayTo and CDR OverviewThird party payment initiation in Australia is expected to go-live in mid 2022 via the New Payments Platform (NPP's) PayTo. PayTo is an incredibly exciting development and will revolutionise the
Basiq Insights The latest update to CDR Rules: ‘Sponsoring’ a more inclusive Open Banking Ecosystem The Australian Government has just taken a big step forward in facilitating a more inclusive Open Banking ecosystem by formalising Version 3 of the CDR rules to include a 'Sponsorship' model. This is great news for us and our customers and we detail some key wins below.
Basiq Insights Data Coverage and Dynamic Switching When it comes to Open Banking, we often get asked about its rollout and when it will reach critical mass. In this blog post, we discuss how the CDR will evolve and the importance of being able to 'dynamically switch' between multiple data sources.
Partner showcase Basiq Launchpad – Announcing Cape as our flagship partner Cape has joined the Basiq platform as the first startup taking advantage of Basiq Launchpad
Product News MFA Support is here for Basiq connectors As banks lean toward MFA as a requirement for login, we have enhanced our Connect API to support MFA. Allowing your customers to have peace of mind when securely sharing their data.
Basiq Insights Allowing Open Banking data to move-in to the renting experience: a Proptech use case This piece will focus on the confluence of Proptech and data - specifically how you can use financial data to assist with multiple touch points involved in renting a residential property
Basiq Insights CDR adoption across the Australian economy The terms CDR and Open Banking are often used synonymously. But the CDR is not just about one industry and Open Banking is just the beginning. In this article, we take a look at where it’s heading next.
Basiq Insights Demystifying Action Initiation Action initiation under the CDR isn’t just about sharing data, but doing something once that data is shared. So what are the proposed frameworks for Action Initiation's future?
Basiq Insights Open Banking Payments in Australia: Explained with Netflix Open Banking payments represents the confluence of payments and data. This piece gleans what Open Banking Payments means within the Australian regulatory landscape, the industry players and the benefits for merchants and consumers alike.
Partner showcase How Zepto is revolutionising the payments industry Zepto has combined the Basiq Connect API with Direct Entry (or direct debits and direct credits) to create a seamless payment experience.
Basiq Insights Basiq: Four Future Use Cases for Open Banking To help surface the untapped potential of Open Banking, we've published a white paper on Four Future Use Cases for Open Banking.
Basiq Insights Why should Gen Z care about a credit score? Analysing the future of credit reporting in the wake of Open Banking There's a widening information gap between financial technology products that do not report to credit bureaus and traditional credit products that do. So, how do Gen Z build their score amidst a mountain of alternative credit, and should they care?
Basiq Insights Is BNPL taking all the Credit? BNPL in Australia is gaining massive traction as it grows across multiple industries outside of retail. What does this mean for consumers and regulation?
Basiq Insights Big Four Fingers on the Pulse: How Australian Banks are Reacting to Fintechs The Big Four have attempted to recreate the value props of Australian Fintechs - whether it's investing, building, or buying. How has this gone and what's next?
Product News Basiq's new and improved expense categorisation model We've retrained our powerful expense categorisation engine to provide +90% coverage and accuracy across merchants in Australia and New Zealand.
Basiq Insights Unbundling The Big Four - What's Next? Australian Fintechs have Unbundled the products and services offered by the Big Four and are moving toward ‘Rebundling’.
Partner showcase Regional Australia Bank solves the Responsible Lending problem Regional Australia Bank has partnered with Basiq to provide customers with smarter, more responsible lending.
Product News How much can your customers afford to spend? With Basiq's new Affordability API - we have taken the guesswork out of bank transaction data.
