Open Banking

Open Banking uses Fiskil, a secure platform built on Australia's Consumer Data Right (CDR), to let clients share their banking data during onboarding. With a consent-based connection, your client authorises access and Lend1 receives aggregated account balances, transaction history and statements directly from the bank. Income verification reads employment and income patterns straight from the transactions, so you are working with verified data rather than uploaded PDFs that could be edited. CashDeck remains available as an alternative statement collection path.

No more chasing statements

As part of guided onboarding, your client connects their bank through Fiskil instead of digging out PDF statements. The verified data flows into the deal, a virtual statement document appears on the checklist, and you can assess serviceability with confidence that the numbers are real and unedited.

• Bank statements collected directly via Fiskil open banking
• Income verification from real transaction data
• Balances, holdings and full transaction history
• Virtual statement document added to the checklist
• Built into the guided onboarding flow

Verified and always current

Verified banking data means fewer back-and-forth requests and far more confidence in what you are assessing. Everything links to the deal automatically, and Fiskil handles consent and re-authentication so the data stays current and compliant.

• Secure CDR consent flow handled by Fiskil
• Verified data linked directly to the deal
• Consent expiry and re-authentication tracked
• No PDF downloads or screenshots required