CSIRO Data61 Banking API standards adhere to RESTful API concepts that provide account list data. It allows you to obtain a list of accounts, transactions for a specific account, direct debit authorisations for multiple filtered accounts, and includes; Get Accounts, Get Bulk Direct Debits, Get Product Detail and more. The Consumer Data Standards Program is part of CSIRO's Data61. Data61 creates data driven and focused standards, and has been appointed as technical advisor for an interim standards body, designing the first iteration of open technical standards to support consumer driven data sharing.
Twelve APIs have been added to the ProgrammableWeb directory in categories including Financial, Cryptocurrency and Spreadsheets. Featured today is an API for Insurance brokers to fetch data about policies and customers, and an API for sonar imaging. Here's a rundown of the latest additions.
Australia introduced a Consumer Data Right roughly a year ago. While the government plans to enforce the right in the banking sector first, no legislation has yet compelled implementation. Nevertheless, Data61 published a working draft standard for the core standard principles and a banking API.