Basiq
Basiq is an Australian open banking and financial data API platform providing unified access to bank account data and enrichment services. It enables fintechs, lenders, and financial service providers to connect to 180+ Australian and New Zealand banks via CDR (Consumer Data Right) and third-party connectors. The Basiq API provides user management, bank connections, account balances, transaction history, income verification, and expense categorization. Uses JWT Bearer token authentication.
APIs
Basiq API
The Basiq API provides open banking access to Australian and New Zealand bank data. Manage users, bank connections, accounts, transactions, and affordability data (income verifi...
Capabilities
Features
Connect to 180+ Australian and New Zealand banks via CDR and third-party connectors.
Retrieve real-time account balances, available funds, and account metadata.
Access enriched transaction history with categorization and merchant data.
Automated income stream identification and regular/irregular income calculation.
Transaction-based expense categorization for affordability and budgeting analysis.
Consumer Data Right (CDR) compliant data access for Australian open banking.
Transaction enrichment with merchant names, categories, and subcategories.
Use Cases
Use income verification and expense data to assess creditworthiness and affordability.
Aggregate bank accounts and transactions for budgeting and financial planning tools.
Automate bank statement verification and income confirmation for home loan applications.
Assess buy-now-pay-later affordability using real-time transaction and income data.
Provide financial planners with complete client financial pictures across institutions.
Verify bank account ownership for payment and identity verification workflows.