product news Announcing Bank Statements Upload Basiq’s Bank Statement Upload feature is now ready for use. Lenders can upload bank statements on a customer's behalf to generate a report on their financial position in two seconds.
affordability report Speed up income verification with Basiq Affordability Recent updates to ASIC’s guidelines around responsible lending highlight the importance of income verification. Basiq's Affordability report leverages actual bank transaction data to help lenders accurately verify income.
affordability report Specify your own living expense categories with Basiq’s Affordability Report Lenders have different requirements when it comes to living expense categories. Basiq categorisation provides a granular level of detail from up to 700 categories with 95% accuracy. This means we can provide custom categorisation for a wide range of uses cases and data standards.
Basiq in the news Meet this year’s Finnies finalists The Finnies are the biggest Fintech awards in Australia and Basiq are proud to announce that we're a finalist for 2019 Fintech Organisation of the year.
case study Turn pocket change into special purchases with Sipora Basiq is excited to announce our partnership with Sipora, an innovative new app that helps you turn pocket change into savings for ‘that special purchase.’
affordability report Basiq Affordability ... with a makeover! The Basiq Affordability report has undergone a makeover! Our upgraded report makes it even easier for assessors to gain a full view of an applicant’s financial position at a glance.
banking royal commission How do lenders determine affordability for customers with more than one bank? The Australian Banking Association estimates that almost two-thirds of Australians have accounts with more than one bank. How can lenders gain a full picture of their customer's financial health across all financial institutions?
basiq affordability Coming Soon: Basiq’s new Bank Statements upload feature We are excited to announce that Basiq's new Bank Statements Upload feature will soon be available! This will make it easier than ever for customers to securely provide access to all their accounts across multiple financial institutions for a comprehensive view of their financial health.
open banking The Banking Royal Commission's final report: How Basiq can help With the release of the banking royal commission's final report, it is clear that responsible lending remains a key concern within the financial services industry. Basiq's Affordability API can ensure that lenders are carrying out efficient and responsible lending based on high-quality data.
banking royal commission How the banking royal commission will affect the auto-financing industry According to the banking royal commission, 90% of all car sales are currently arranged through finance, however, many have fallen short of responsible lending provisions. How can lenders ensure they are meeting new responsible lending obligations?
case study Regional Australia Bank solves the Responsible Lending problem Regional Australia Bank has partnered with Basiq to provide customers with smarter, more responsible lending.
affordability report Basiq Affordability for New Zealand - Coming Soon! We are excited to announce that Basiq Affordability for New Zealand is coming soon. This will allow lenders to make faster and better home loan decisions based on real bank transaction data from New Zealand.
affordability report How much can your customers afford to spend? With Basiq's new Affordability API - we have taken the guesswork out of bank transaction data.
Basiq in the news Banks will assess loans using real spending data: Basiq "A start-up backed by Westpac and National Australia Bank has developed software to read bank account data and automate the loan assessment process for banks, allowing them to base lending decisions on actual customer spending rather than relying on estimates and indexes."
New Release Introducing Basiq's Enrich API We are proud to announce the release of our new Enrich API service - that makes encrypted, confusing and nonsense transactions a thing of the past!
case study Basiq and Verrency enable banks to drastically improve the quality of their data Basiq and Verrency have joined forces to enable banks to store clean, categorised and enhanced transaction data - in real-time, at point of purchase.
case study Changing the world one Bitcoin at a time The MyVested application makes it easy for customers to buy, sell and store cryptocurrency.
Basiq is a 2018 Finnie Awards finalist! We were honoured to be nominated as a finalist in the 'Excellence in Data/AI/Digital ID Solutions' category in the 2018 Finnie awards. The awards were open to Australia’s 600+ fintech
Basiq in the news Fintech Startups in Australia: 50 You Can’t Miss "With the introduction of Open Banking, financial services organisations will need to provide their data through standardised APIs, which is possible using Basiq’s platform."
New Release Retrieve financial data in under a second We understand that performance is really important to you and we are always looking for ways to deliver financial data faster.
case study Discover how GROW is disrupting financial advice By leveraging a clients online bank and super fund details, predictive analysis enables advisers to provide the right advice at the right time.
New Release Negotiate better rates: use mortgage account details to help your customers We have added the ability to return more details about mortgages. Identify details interest rate your customer is paying, fixed rate or variable, interest only or principal, payment frequency and much more.
New Release Super fund data for your customers We added Superannuation to our list of supported institution types adding support for 7 new Super Funds.
New Release Faster, secure and easier on-boarding We're excited the announce our new UI control which enables your users to securely share their data with your app.
New Release Announcing Basiq API 2.0 There are quite a few new features that have been added to make development easier, and for you to deliver a richer experience to your customers.
