Consumer Data Right Policy

flykk® Australia

About us

ISX Financial provides a wide range of electronic money and financial services. For more information about ISX Group of companies, please see www.isx.financial

This consumer data right policy only applies to the ISX Financial (AU) Pty Ltd. In this policy, we, us or our means the ISX Financial (AU) Pty Ltd (“ISX Financial AU”) trading as flykk®

About the Consumer Data Right (CDR)

The Consumer Data Right was introduced by the Federal Government to provide customers with rights to the data that relates to them under the Competition and Consumer Act 2010 and the Competition and Consumer Rules 2020 (CDR legislation). In the banking sector, we call this Open Banking.

Under the CDR legislation, you’re able to share some of the information other financial institutions hold on you with third parties such as Accredited Data Recipients like iSignthis AU . We’ll refer to information we hold about you as your iSignthis AU data, and any data held by other financial institutions as “3^rd Party FI Data”

About this policy

This policy describes your rights under the CDR legislation. If you want to know more about how we handle your information at ISX Financial EU PLC, see our Privacy Policy at https://www.isx.financial/legalprivacyy

We update our policies from time to time but you can find the latest on our website, and you can always ask us to send you a copy of the latest version.

Your privacy and security information

Your privacy and the security of your information is important to us. We protect your information and aim to be clear and open about what we do with it. We adhere to the security and privacy requirements set out in the CDR legislation.

What data will be available under the CDR?

Under the CDR legislation, where 3^rd Party financial institutions are required to make available specific sets of data for sharing, including:

• Name, occupation and contact details (and if you’re a business, information about your business)
• Account balance and features of products you have with us
• Transaction details
• Direct debits and scheduled payments
• Saved payees
• Information about your financial institution’s products and services

More information on which data sets are available can be found by contacting your third party financial institutions or referring to their website.

We’ll only collect data that we’re lawfully able to access under the CDR legislation and we won’t share your 3^rd Party FI data unless you consent to sharing it.

How does data sharing work?

You can choose to share your 3^rd Party FI data with an Accredited Data Recipient such as ISX Financial EU PLC so we can provide you with a product or service (like a budgeting tool).

How does this work?

1. You need to give your consent to the ISX Financial EU PLC as the Accredited Data Recipient to collect your 3^rd Party FI data (on our site or app), then we will redirect you to your 3^rd Party FI.

2. Follow the instructions from your financial institution in order to provide us access to your date.