From Consent to Credit Decision: How Lenders Can Use Data From The CDR Without Accreditation
Recent ACCC guidance changes are making it faster and easier for lenders to level-up Affordability and Servicibility insights with data from the CDR.
In this demo, BIZA's openfeed and Mogoplus show you how to access more data and generate decision-ready income and expense reports instantly.
You’ll stay anonymous. Cameras are off and attendee names are never shown, so other lenders won’t know you’re there.
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What’s Happened?
Recent ACCC guidance on Third Party Disclosure Consent (TPDC) has quietly changed the rules for lenders.
You can now receive verified data from the CDR to use in your affordability assessments, without becoming accredited or appointing a CDR rep.
That opens a quick, low-cost way to move from screen scraping and fakeable documents to a safer, more compliant and scalable lending process built on bank data, so you can approve more of the right borrowers, faster.
With the customer’s consent, Openfeed, BIZA’s accredited platform, shares verified data from the CDR with you, and you use it under the Privacy Act rather than the CDR Rules.
The GoLend Affordability Report from MogoPlus then turns that data into a decision-ready assessment. There’s no accreditation project, and you can be live in hours.
One integration. Two market leaders.
Openfeed delivers verified data from the CDR. GoLend turns it into a smarter, faster lending decision.
In 30 mins, you’ll learn:
Each session follows a live Affordability Assessment workflow, showing how fast, accurate and effective an openfeed-powered report from MogoPlus is in practice.
Meet Your Hosts
Biza’s Stuart Low led the engineering group for the Consumer Data Right initiative.
Now he’s joined by Income & Expense Insights leader Mogoplus, to explain what the ACCC guidance changes mean for lenders and how to quickly implement best-practice affordability assessments into your loan workflow.
Stuart Low
Stuart led the engineering group for the Consumer Data Right initiative, and 50% of all active Data Holders run on Biza’s platform. There’s no-one better to explain what TPDC means for lenders.
Ben Ford
Ben leads revenue at MogoPlus, the categorisation leader behind The GoLend Affordability Report, and works with lenders every day on faster, safer affordability decisions.
Built for Lending Leaders and Credit Teams
CEOs, CTOs, credit leads and operations teams at:
Before You Register
When is the session?
Two dates, same session: Wed 25 Nov or Thu 10 Dec, 12pm–12.30pm AEDT (Sydney).
Is it free?
Yes. It’s free to attend and runs online.
Who is it for?
CEOs, CTOs, credit leads and operations teams at non-bank lenders, mutuals, credit unions and consumer finance fintechs.
What if I can’t make it live?
We can send the recording, please register for any date to receive this.
Save Your Seat
Free live demo & workshop · Wed 25 Nov or Thu 10 Dec · 12pm–12.30pm AEDT · Online