What is CDR (Consumer Data Right)?

CDR is an economy-wide reform by the Australian Government.

We now offer the option to securely share your banking data through the CDR to help us assess your loan application faster and more accurately. Your data is protected, read-only, and only used to assess your suitability for Brighte's financial products. 

Also in this section:

1. What does Brighte use CDR for?
2. Is it safe to share my banking data?
3. What data will you access and why?
4. Do I have to consent to CDR?
5. Can I change my mind or withdraw consent later?
6. Who is Fiskil?
7. Can I use CDR and also submit manual documents to verify income?
8. I want to stop sharing my data OR What is the best way to remove consent?
9. Where do I find the consent receipt?
10. I cannot find the consent receipt?
11. How do I know if the consent has been revoked?
12. How do I know what data points have been used?
13. My income does not look correct?
14. My income is $0?
15. What do I do if my income is $0?
16. Can I edit my income?
17. Why can I not see my income?

What does Brighte use CDR for?

Brighte obtains consent from applicants to access their banking transaction data. This information is used to evaluate the applicants' suitability for Brighte's financial products, in collaboration with our accredited partner, Fiskil.

Is it safe to share my banking data?

Yes. Your data is encrypted and shared securely through accredited providers under strict privacy and security regulations governed by the Australian Government.

What data will you access and why?

We only access read-only transaction data—like income and expenses to help assess your financial situation. We cannot make changes to your bank accounts or move money.

Do I have to consent to CDR?

No, you can choose to verify your income manually

Can I change my mind or withdraw consent later?

Absolutely. You can manage or withdraw your consent at any time through your bank, and your data will no longer be accessed beyond the agreed period.

Who is Fiskil?

Fiskil is an accredited Consumer Data Right (CDR) provider that securely connects your bank with us. They handle the data sharing process and ensure your information is protected according to CDR regulations

Can I use CDR and also submit manual documents to verify income?

No, You can only choose one type of verification method

I want to stop sharing my data OR What is the best way to remove consent?

Consent can be revoked through Fiskil’s consent email receipt. In the email receipt, a customer must scroll down and select ‘manage access’. Follow the prompts as directed by Fiskil.

Consent will automatically expire after 1 month.

Where do I find the consent receipt?

It will be in the email that was specifically asked in the Fiskil journey

I cannot find the consent receipt?

Check your junk email or confirm you have completed the consent journey. If you have not completed the consent journey, Brighte and Fiskil do not have access to your data.

How do I know if the consent has been revoked?

You will receive separately a revoked receipt

How do I know what data points have been used?

Brighte captures aggregated values of your income transactions. Only valid forms of income will be used and shown at the ‘review & submit’ stage of the application.

My income does not look correct?

Small difference in income can be expected and usually won't impact your finance.

My income is $0?

There may be several reasons you have $0

1. You have not selected your account where your income is paid into
2. Your income is not an accepted form of income type
3. You have selected a business account which is not accepted account type

This is not a technical problem

What do I do if my income is $0?

You will need to complete income verification manually OR using a different bank account.

This is not a technical problem - you may have connected a bank account that does not receive regular income.

Can I edit my income?

No, you can only verify through a bank or manually

Why can I not see my income?

There may be a delay up to 3 minutes maximum retrieving your transaction history. If no data can be retrieved, you will need to repeat step 5.