Open Banking

WeMoney is an accredited and active member of the Australian Consumer Data Right Scheme. This means you can access your data through a direct connection with your financial instituation.

View our CDR policy

What’s CDR?

The Consumer Data Right is an opt-in service, giving you the choice about whether to share your data, with full visibility of who it’s being shared with and the purpose for sharing it.

If you choose to use Consumer Data Right, your information is transferred using secure automated data technology. You’ll have more choice and control over how your data is shared, while getting a more accurate picture of your finances.

Some of the benefits

01

Security

Open Banking is strictly regulated by the Australian Government. Your information is transferred using secure automated data technology.

Learn more about security

02

Control

Choose what data you share and for how long.

03

Speed

Since your data is shared directly, you’ll see more up-to-date transactions and balances.

What can I connect?

Some financial institutions have an Open Banking connection, including most of the major banks and others, like Up Bank and ubank.

See all connections