Frollo becomes an Accredited Data Recipient in Australia

Friday 8 May 2020 12:33 CET | News

Frollo has announced that it became an Accredited Data Recipient (ADR) under Open Banking regulations.

Frollo’s accreditation has been granted at the ‘unrestricted’ level. This will allow the company to access banking data as well as energy and telecommunications data under the CDR once those industries are brought into the CDR ecosystem. As an ADR, Frollo will enable its users to access data from accounts held with the ‘Big 4 banks’ when open banking launches in July 2020.

Frollo helps users get a picture of their finances through a combination of Open Banking product and transactional data. Consumers are enabled to better understand their financial products.

Frollo has also developed a number of B2B solutions to help businesses comply, compete and innovate with Open Banking.

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Keywords: Frollo, Accredited Data Recipient, ADR, Australia, Open Banking, data, banking, CDR, B2B
Categories: Banking & Fintech
Countries: Australia
This article is part of category

Banking & Fintech