Basiq
AI-powered open finance platform for Australian financial services with bank data aggregation.
Independent assessment across data handling, compliance, security and transparency.
Risk factors
3- Aggregates sensitive bank data
- Data shared with third-party financial services
- Limited control over data retention policies
Recommendations
2- Negotiate data handling terms in contracts
- Implement strict access controls
Data handling
- Storage
- Australia servers
- Retention
- Per CDR regulation
- Training on inputs
- No
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