What is open banking?
Open banking lets consumers securely share their banking data with the providers they choose, so they can understand their financial position and access the products that suit them best, all with their consent.
Your data, working for you.
For most of banking history, the information in your account stayed locked inside your bank. Open banking changes that. With your permission, you can share your transaction data with trusted apps and lenders. That means a clearer view of your own finances, and access to better-matched, fairer products, because providers can see your real situation rather than guessing from a thin file.
Two pathways, one consent.
There is more than one way to bring bank data into a decision, and both rely on the consumer's consent. TaleFin supports both, fully integrated, so you get the broadest coverage and the most reliable retrieval.
The CDR framework
The Consumer Data Right is Australia's regulated open banking regime. As an accredited data recipient, TaleFin can receive a consumer's consented data directly through the CDR.
TaleFin web crawlers
Customer-permissioned web crawlers securely retrieve the data a consumer chooses to share, reaching institutions and scenarios the CDR doesn't yet cover.