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When applying for a loan with the help of your Broker, you might be wondering how your privacy is protected when sharing your financial information through Frollo. We take your privacy very seriously, and here's how we ensure it:
Explicit Consent Required
Frollo can only access your Open Banking Data if you explicitly provide your Consent. You have full control over what data is shared and with whom.
Secure Data Handling
We adhere to strict security protocols and guidelines as an Australian Government Accredited Data Recipient (ADR). This ensures your data is handled securely and confidentially.
Data Stored Securely
Your data is held and stored on your behalf in secure systems, located within Australia.
No Sharing of Login Credentials
You will never need to share your online banking login credentials (username and password) with Frollo. Your bank provides a One-Time-Passcode (OTP) for secure access.
Consent Dashboard
You can manage and withdraw your Consent at any time through the Consent Dashboard in your Frollo Account, giving you ongoing control over your data.
CDR Policy
Our CDR Policy outlines in detail how Frollo manages your Consumer Data Right (CDR) data and protects your privacy. We encourage you to review this policy for comprehensive information.
For more information on CDR privacy rights, please refer to this Government fact sheet, Frollo's CDR Policy or NextGen's CDR Policy. We are committed to protecting your privacy and ensuring the security of your financial information.