Secure Open Banking
Ocean Lending uses Open Banking via Frollo to securely collect financial information —
without asking for your internet banking password.
Client-controlled consent
No passwords shared
Why we use Open Banking
Open Banking allows you to securely share selected banking data with us so we can
assess your loan faster, reduce paperwork, and give clearer, more accurate advice.
- You stay in control: Open Banking is opt-in. You choose what is shared and for how long.
- Faster assessments: Reduces document chasing and speeds up decisions.
- More accurate advice: Helps us understand your full position upfront.
Your data, protected
- Consumer Data Right (CDR): A government-regulated framework giving you control over your data.
- Accredited provider: Frollo is an Accredited Data Recipient under CDR.
- Bank-level security: Frollo is ISO 27001 certified.
- No passwords: Ocean Lending never sees or stores your bank login details.
Learn more:
Consumer Data Right ·
What is Open Banking? ·
Frollo Security
Connect securely
When you’re ready, click below to connect your accounts securely via Frollo.
This will open in a new tab.
Connect via Secure Open Banking
You can review and confirm all permissions before proceeding.
Frequently asked questions
Do I need to share my bank password?
No. Open Banking uses your bank’s secure login process. Ocean Lending never receives your password.
Can I cancel access later?
Yes. CDR is consent-based. You can withdraw access at any time.
Why does this help my loan?
It allows us to verify income and commitments quickly, reduce paperwork, and provide more accurate advice.
Who is Frollo?
Frollo is an Australian Open Banking provider and an Accredited Data Recipient under the Consumer Data Right.
