What is the Consumer Data Right (CDR)?

The CDR is Australia's data portability framework that gives consumers the right to share their banking data with accredited third parties. Administered by the ACCC and Treasury, it covers banking (since 2020), energy, and is expanding to telecommunications and other sectors.

How many institutions participate in CDR?

Over 100 Australian financial institutions now participate in CDR, including all major banks (CBA, NAB, Westpac, ANZ), regional banks, neobanks, credit unions, and building societies. Participant numbers grew 55% year-over-year in 2025.

What are the CDR accreditation models?

There are three pathways: Accredited Data Recipient (ADR) — full accreditation with direct access; CDR Representative — operate under a sponsor ADR with reduced requirements; and Sponsored — access CDR data through a principal ADR without independent accreditation.

What data is available through CDR banking?

CDR banking data includes account details, balances, transaction history, direct debits, scheduled payments, payees, and product information. This covers savings accounts, transaction accounts, credit cards, loans, and mortgages.

What security standards does CDR require?

CDR mandates Financial-grade API (FAPI) 2.0 security standards, including OAuth 2.0 with PKCE, mutual TLS authentication, signed JWTs, and encrypted data transfer. Fiskil handles all security requirements through our infrastructure.

How long does CDR accreditation take?

Direct ADR accreditation typically takes 3-6 months including ACCC assessment. CDR Representative arrangements can be faster (4-8 weeks) as they leverage an existing ADR's accreditation. Using Fiskil's Sponsored model is the fastest path to CDR data access.

Is CDR expanding beyond banking?

Yes. CDR already covers energy data and is expanding to non-bank lending (July 2026), telecommunications, and potentially superannuation. Action initiation (write access) legislation passed in August 2024 and is expected to enable payment initiation in the coming years.

Banking API for Open Banking Australia

Open Banking Australia: CDR Guide for 2026

Australia's Consumer Data Right has matured into one of the world's most comprehensive open banking frameworks. With 55% participant growth year-over-year, over 100 participating institutions, and expanding data designations, CDR is the backbone of financial innovation in Australia. Fiskil's Banking API provides the fastest path to CDR-compliant data access — handling accreditation models, FAPI 2.0 security, and bank-specific implementations so you can focus on building your product.

The Challenge

Navigating Australia's CDR ecosystem is complex. Multiple accreditation models (ADR, CDR Representative, Sponsored), evolving data standards, FAPI 2.0 security requirements, and 100+ institutions with varying implementations create significant barriers to entry for businesses wanting to leverage open banking data.

The Solution

Fiskil abstracts CDR complexity through a single API. We maintain accreditation, handle all bank integrations, manage security requirements, and keep pace with regulatory changes — giving you compliant access to the full CDR banking dataset without building CDR infrastructure yourself.

Benefits

Key Benefits

100+ Institutions

Connect to all major banks, neobanks, credit unions, and building societies participating in CDR through one integration.

Multiple Accreditation Models

Access CDR data as an ADR, CDR Representative, or through Sponsored accreditation — Fiskil supports all pathways.

FAPI 2.0 Security

Enterprise-grade security with Financial-grade API 2.0 compliance, token-based authentication, and encrypted data transfer.

Evolving Data Standards

Stay current with CDR Data Standards updates — Fiskil maintains compliance as standards evolve, so your integration doesn't break.

Use Cases

Common Use Cases

CDR Data Access

Access CDR-designated banking datasets including accounts, transactions, and balances.

CDR Accreditation

Navigate the accreditation process and become a CDR participant.

Consent Management

Implement CDR-compliant consent flows for customer data sharing.

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Get your API keys today and start building with Fiskil's Banking API.

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