What is an accredited data recipient?
An accredited data recipient is an organisation that has met the requirements outlined by the Australian Competition and Consumer Commission (ACCC) to securely access and use data from data holders with a consumer’s explicit consent, in order to provide a service.
Becoming an accredited data recipient enables businesses to provide highly personalised services and improved customer experiences, improving their acquisition, retention and positioning in the market.
Data Holders obligated under the Consumer Data Right (CDR) are allowed and encouraged to also become an accredited data recipient, so they can also benefit from the data sharing economy and compete in the ecosystem.
A list of organisations that have met the requirements to become accredited data recipients is available on the official CDR website.