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Frollo publishes a simple overview of all product data APIs in Australia

Product dataFrollo are very excited about the Consumer Data Right and there are two types of data are available through open banking: Product data and transaction data.

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If you’ve been following Frollo over the last few months, you know they’re very excited about the Consumer Data Right (CDR). It gives consumers control over their data and how it is used, and will drive innovation and competition. Initially in the Australian financial sector (open banking), later in Energy and Telecom.

Two types of data are available through open banking: Product data and transaction data.

Product data is information about products (fees, rates, types etc.) that data holders are required to publish through so-called Product Reference Data (PRD) APIs. As the deadline for data holders to publish these APIs (1 October 2020) comes closer, more and more data holders are publishing their APIs.

There are many different use cases for Product Reference Data, such as product comparison for consumers and competitor analysis for Data Holders. It all starts with knowing where to find the APIs though.

That’s why Frollo has put together a simple overview with all known API base urls, including instructions on how to use them. Frollo will continue to update this overview, so if you know of any APIs that aren’t included, please let them know.

Source: https://australianfintech.com.au/frollo-publishes-a-simple-overview-of-all-product-data-apis-in-australia/

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