"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. Basiq partners with banks and fintechs to find innovative ways to do more with valuable insights gained through customer financial data. Access to real-time banking data enables organisations to leverage the power of data to gain greater customer insight, deliver new financial services and help their customers make smarter financial decisions. Secure access to hundreds of financial institutions (including Super funds and mortgage details) across Australia and New Zealand is provided through a simple set of RESTful APIs. Organisations choose to leverage Basiq’s powerful categorisation and enhancement engine for a variety of use cases including: credit decisioning, more targeted customer engagement, and better financial advice; across banks, lenders and fintechs."
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