CDR Gateway
Leverage our experience and technology to become an ADR and gain a competitive advantage with Open Banking data.
Key Features
The Frollo CDR gateway takes care of the complete process of managing consent and collecting CDR data and gives you access to the full suite of B2B solutions within the Frollo SaaS Integration platform.
CDR data collection
Collect CDR data from Data Holders on your customers’ behalf, with real time user initiated updates and up to 6 background refreshes per day.
Multi data source aggregation
One API for CDR, screen scraping and direct bank APIs for a complete
financial picture.
Direct access to Frollo SaaS Integration platform
The CDR gateway is part of our SaaS Integration platform, giving you plug & play access to our PFM features, Income & Expense and marketplace integrations.
Market leading transaction enrichment
Plug into our AI powered Data Enrichment engine and turn CDR data into insights, with 95% categorisation accuracy.
Consent management
A compliant consent management journey following ACCC CX guidelines: Consent collection, bank connections
& token management and consent withdrawal.
Key Benefits
CDR in a box
Easy to integrate API & SDK toolbox
Broad coverage
Easily supplement CDR data with other data sources
Proven technology
Our CDR technology is accredited and live in market under CDR rules
Leading the charge
Get access to new providers and products as they become available
Get started with our CDR Gateway
What will you build? Get in touch to discuss the possibilities or schedule a demo.
Use cases
- Accurate view of your share of wallet and who your real competitors are
- Better tailor your products to your target audience
- Cross sell using personalized messages and offers, increasing your share of wallet
- Reduced TTY, have the right conversation about the best product fit for the customer.
- Faster lending decisions lead to improved customer experience and reduced admin load.
How it works
1. Customer consent
- Collect and manage consent from your customer to collect their data
2. Connect to Data Holder
- Connect with the Data Holder to access your customers’ data, authenticate your identity and accreditation status
3. Authentication
- The Data Holder authenticates the identity of the customer
4. Authorisation
- The customer authorises the Data Holder to disclose their data to you
5. Data sharing
- The customer’s data is shared with you by the Data Holder
Case studies
We’re helping neobanks, traditional banks, Fintechs, lenders and employers get ahead of the competition with our B2B solutions. Here are some examples of partners and the challenges we’ve helped them with.
Volt Labs
Challenge
Volt Bank was waiting for APRA approval to launch core banking products and didn’t yet have an app in market. They wanted to engage the community of early adopters signed up as beta customers and start building products based on learnings from users.
Solution
By launching a ‘labs app’ with Frollo, the neobank was able to start more meaningful co-creation conversations and product testing with their beta customers and pre-seed their new account opening pipeline with a deeper level of customer data.
Volt Bank
Challenge
After launching their savings account, Volt Bank was looking to launch a feature inside the Volt Bank app to help their customers develop a saving habit.
Solution
Result
Speckle
Challenge
Speckle is an Australian not-for-profit (part of NAB), providing small loans for life’s expenses. They were looking for a way to help their customers better understand their finances and pay down their debts.
Solution
The Frollo lending whitelabel app gives Speckles’ customers the full picture of their finances, by integrating with their loan management system as well as aggregating other accounts and loans their customers have.
The personalised ‘debt journey’ helps their customers on their way to pay down debt and turn around their finances.
Home Loan Ready
Challenge
An Australian Tier 1 lender wanted to help its customers feel more confident about being able to afford potential mortgage repayments, while at the same time acquire additional data to support their lending decisions.
Solution
The Home Loan Ready app challenges users to prove that they will make future repayments should they take on a new or increased home loan. The app enables users to set the size of future home loan payments, Frollo then tracks their goal payments and the user’s comfort-level with that commitment.
The lender was able to use this data for insights into share of wallet, potential loan size, savings and timing for loan offers.
Other products
Our SaaS Integration platform sits at the core of the Frollo ecosystem, bringing together our AI engine, API’s, partner integrations and Open Banking solutions.
Aggregation
One API to create a single customer view
Data Enrichment
Turn raw transaction data into insights using AI
Insights
Personalised and actionable financial insights
Financial wellbeing score
One simple score and steps to turn finances around
Budgeting
Smart budgeting with powerful data visualisation
People like you
Powerful community-driven insights for users
Goals & challenges
Improve financial wellbeing by tracking progress
Bill tracker
Help users stay on track of regular payments
Product switching
Better outcomes with more relevant offers for users
Journey builder
Build personalised, omnichannel user journeys
Latest news from Frollo
NextGen.Net acquires Frollo to lead the way in Open Banking
Open Banking, Security
Frollo first to go live with Consumer data Right
Open Banking, Security
Join the Frollo Open Banking wait list for early access
Open Banking, Security
Frollo first FinTech to become an ADR under CDR regulations
Open Banking, Security