Fiskil And CDR Bank Connections

Cove Money uses Fiskil for Consumer Data Right bank connections.

Cove Money is not an Accredited Data Recipient. Cove Money operates as a CDR Representative of Fiskil Pty Ltd (ACCC accreditation reference ADRBNK000246). Fiskil is the Accredited Data Recipient that collects and discloses CDR Data on behalf of Cove Money.

What Fiskil does

Fiskil's CDR Policy states that Fiskil is an Accredited Data Recipient under the CDR framework. It can receive data from an energy provider, bank, or other financial institution only after consent is given.

Fiskil's policy also states that it collects CDR Data directly from the relevant provider via an API and that CDR Data is onshore and only resides in Australia.

What Cove Money does

Cove Money uses authorised CDR bank data to provide its personal finance service. This can include showing connected accounts, balances, transactions, bills, cashflow, and insights.

Cove Money receives this data on a read-only basis. It does not receive or store bank login credentials, and it cannot move money, make payments, or change anything in your bank.

What users should check

Before authorising access, read the consent screen, Cove Money's Privacy Policy, Cove Money's CDR Policy, and Fiskil's CDR Policy. Check what data is requested, how long consent lasts, and how to withdraw consent.

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This article is general information only and does not constitute personal financial advice. Consider seeking advice from a licensed adviser before acting.