Basiq’s CDR Prototype: Basiq Consent
What will data sharing look like for consumers under the CDR?
Upload your own bank data for credit decisions
How you can upload customer data to Basiq to automate credit decisioning.
Make lending decisions more quickly with Basiq’s income calculation
Recent updates to ASIC’s guidelines around responsible lending highlight the importance of income verification. Basiq’s Affordability report leverages actual bank transaction data to help lenders accurately verify income.
Announcing customer self-service via ‘Basiq Connect’
Introducing ‘Basiq Connect’ – a customer portal which allows applicants to securely connect to their bank so lenders can generate an affordability report – no development required.
Announcing Bank Statements Upload Dashboard
Basiq’s Bank Statement Upload feature is now ready for use. Lenders can upload bank statements on a customer’s behalf to generate a report on their financial position in two seconds.
Specify your own living expense categories with Basiq’s Affordability Report
Lenders have different requirements when it comes to living expense categories. Basiq categorisation provides a granular level of detail from up to 700 categories with 95% accuracy. This means we can provide custom categorisation for a wide range of uses cases and data standards.
