Open utilises Open Banking, a way that allows you to securely and instantly share your banking details. We’ve partnered with a trusted provider to collect CDR data on our behalf, ensuring your information is stored in the most secure environment.
We’ve partnered with Basiq, an approved provider under Open Banking Consumer Data Right (CDR). This is tightly regulated and strict rules and standards keep your data ultra secure.
Regulated by Mortgage brokers Best interests duty, with required insurances and organisational competency requirements satisfied.
Our security is built on Microsoft and Basiq (Australian industry leading Open Banking Platform).
Our security is built on Microsoft and Basiq (Australian industry leading Open Banking Platform).
Open Banking is a system that allows customers to share their financial data with accredited third-party providers with their explicit consent. It’s part of a broader initiative called the Consumer Data Right, which aims to give consumers more control over their data.
Got questions or concerns about security? There’s
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Open acknowledges the Traditional Owners of the lands across Australia as the continuing custodians of
Country. We pay our respects to First Nations peoples and their Elders, past and present.
