What is Open Banking?
Open Banking is part of the Consumer Data Right, which gives individuals and businesses access to information about key goods and services on offer to them.
Coastlines Open Banking allows Third Parties (such as Frollo), to retrieve information about products we currently offer. And share the data of some existing products held with the third party. This currently includes individual savings accounts and will soon offer join and non-personal accounts.
What is Frollo
Frollo is a Fintech (Financial Tech) company with a goal to provide businesses and consumers with a reliable Open Banking Platform. Frollo was the first FinTech in Australia to be an Accredited Data Recipient after the Consumer Data Right Legislation was Introduced in May 2020. Shortly after they became the first to introduced Open Banking in the form of their Frollo app.
Open banking with Frollo
Coastline and Frollo are collaborating to provide consumers with a trustworthy and reliable Open Banking solution. Frollo’s Open Banking allows consumers to keep track of their finances in one easy to read Money Management Platform. The ability to view your Coastline Accounts as well as accounts from 90+ other financial institutes means keeping track of your finances is easy.
Open Banking Product APIs
Coastline's Open Banking Product APIs enable third parties to retrieve information about our products that are currently on offer in the market. The APIs are designed and documented to support the Australian Consumer Data Standards and currently cover the following products:
- Transaction Accounts
- Savings Accounts
- Term Deposits
- Credit Cards
For further details on the phased release of information for other Coastline products, please refer to the Consumer Data Right rules.
Our APIs have been developed in accordance with the Consumer Data Standards.
View our Open Banking Product APIs
Retrieve a list of Coastline Credit Union products currently on offer in the market.
To learn more about the API Specifications for Open Banking Product APIs, go to the Consumer Data Standards Australia website.
Coastline Get Products API URL:
View our Product Details API
Retrieve detailed information about a specific Coastline product on offer.
Learn more about the API Specifications for our Product Details API at the Consumer Data Standards Australia website.
Coastline Get Product Details API URL: