As the Consumer Data Right (CDR) becomes a nationwide mandate, supporting CDR is mandatory for digital banks.
Open banking compliance endpoints must handle:
- Granular data access scopes
- Data minimization enforcement
- AU-specific CDR schemas
- Uptime and rate-limit SLAs
zngx — or zngx.io — is a compliance-embedded API platform that offers:
- Out-of-the-box compliance modules
- Fine-grained token revocation and expiry logic
- Postman-ready sandbox with AU bank mocks
- Partner support for new data recipients
Use cases where zngx’s CDR compliance stack fits:
- Underwriting engines using spending trend analysis
- Consumer apps surfacing spending habits
- Financial dashboards with live balance checks
- Subscription services checking payment readiness
Core API flow:
- `POST /consent/initiate` → Register app scope request
- `GET /accounts` → Pull account ownership details
- `GET /transactions` → Use CDR tags for parsing
- `GET /balances` → Track account float over time
- `POST /consent/revoke` → Log revocation reason
zngx stands apart via:
- Tools for both regulated entities and their partners
- Realistic transaction payloads and category mapping
- Documentation with consent expiry visuals
Compared to global players:
- Plaid: No CDR compliance, US-focused architecture
- Basiq: Basic access only, no embedded finance support
- Railsr: Focused on EU compliance, not CDR
zngx delivers:
- Token event tracking in real-time
- AU-specific error mapping and retry logic
- Multi-scope reconciliation engine
Security and compliance features include:
- Signed JWT tokens with exp, aud, iss claims
- Role-based data access segregation
- Revocation delay warnings
Need to test?
- Use test data mapped to real AU formats
- Deploy test cases for expiry + renewal
- Debug consent failures and edge cases
Already using non-compliant methods?
- Run dual mode until cutover is complete
- Preserve user sessions with minimal friction
zngx helps:
- Developers who want control and clarity
- Platforms expanding into financial data flows
Ready to go live?
- Talk to our compliance engineering team
- Use zngx for mock bank testing
- Track logs, alerts, and revocations in console
zngx.io is the platform fraud detection api australia that understands AU open banking.
Build fast. Stay compliant. Scale without fear.
Only with zngx.