Articles

Well, a whirlwind few days in Melbourne for Intersekt23. This year I thought I’d put some of my thoughts down on paper to share. Tried to keep it short but there was so much content ? Scraping v CDR The CDR sparked significant discussions over the course of two days. There was no mistaking the […]

We are excited to announce that Cuscal has been named a finalist for Most Impactful Payment Industry Innovation at the 2023 APAC Payments Excellence Awards. We were nominated for our work in delivering capability that our clients use to create new, modern, digital payment experiences that enable them to innovate and compete as early adopters. We are […]

With rising inflation and the growing cost of living, more and more Aussies are finding themselves in debt. In fact, Australians have one of the highest percentages of net household debt, with the average household debt increasing by 7.3% from 2021 to 2022.   But Pokitpal is on a mission to change this narrative. Having originally launched a […]

Sharing of banking data has been a service provided in Australia in an unregulated capacity for many years. Open Banking has formalised this capability via the Consumer Data Right (CDR) that is mandated and regulated by the Australian Government. Let’s touch on some factors that contribute to the safety and security of CDR Open Banking for consumers.  Consumers have […]

For many, June 30 is an annual milestone loaded with stress and confusion. Not only are the rules and regulations around tax law continually changing, but many individuals don’t know their financial position until it’s time to lodge their tax return.  For companies, accounting software has made it easy to keep tabs on their tax position. […]

Building financial wellness has big benefits for both customers and financial service providers in deepening relationships and sustainability. But learning how to wrangle our finances can seem complex, tedious and even overwhelming. For banks, lenders and financial institutions, finding innovative ways to engage customers helps them stand out in a competitive landscape. For customers, being […]

Dealing with different platforms doesn’t have to be stressful Basiq has launched a partnerships program providing greater capability and more value to customers. We are collaborating with a curated list of Open Banking enabled integration partners, as well as development and community partners, to meet the needs of fintechs, financial institutions and lending providers alike. Organisations relying on customer financial data for product or […]

Introduction Open Banking represents a seismic shift in the fabric of financial services. It allows consumers to have greater control over their financial data, which stimulates competition, allowing smaller institutions, startups and fintechs to leverage financial data in order to compete with incumbent institutions who have dominated the industry for so long. What is Open […]

Investing can seem like a scene out of The Wolf of Wall Street. The stakes are high, the cash is thrown around like Monopoly money, and stock levels rise and fall like a rollercoaster. It’s loud, it’s fast and only a handful of people know the rules.  But this boys’ club vision of investing isn’t the only […]

As a lender, you want to do everything you can to fast-track approval times, boost conversion rates and deliver a seamless customer experience.  But if you’re relying on web connectors (often referred to as ‘screen scraping’) alone to access customers’ financial data, you’re leaving your business vulnerable to disruptions that could encourage customers to abandon their loan […]