Christmas 2018 Working Draft of the Open Banking API Standards

Data61 and the Consumer Data Standards team have just released the Christmas working draft of the API standards in support of the Australian Government’s Consumer Data Right Regime.

Included in this release are:

The Christmas working draft API standard doesn’t include:

  • An updated product reference payload – feedback was sought from major banks through the Australian Banking Association as to how a product reference payload might be designed for Version 1 of the standard. That feedback, received in mid-December, has yet to be incorporated into this working draft and will be a priority for inclusion in January 2019 alongside feedback from FinTech Australia.
  • A draft payload for scheduled payments – this is the focus of discussions with the ACCCAustralian Competition and Consumer Commission The ACCC is Australia's competition regulator and national consumer law champion. and will be included, once resolved in the ACCCAustralian Competition and Consumer Commission The ACCC is Australia's competition regulator and national consumer law champion. Rules, in January 2019
  • Detailed non-functional requirements – the ACCCAustralian Competition and Consumer Commission The ACCC is Australia's competition regulator and national consumer law champion. and Data61 are working together to articulate NFRs in draft rules and standards. A preliminary draft proposal, designed to begin eliciting feedback, has been published on the Consumer Data Standards GitHub here
  • Insights from Consumer Experience permissions language testing – the current scopes and arrangement of payloads may change in order to improve consumer understanding of what is contained in each payload, for them to grant consent to an accredited data recipient to access.

In parallel with development of the API standards, the Consumer Experience work stream has begun conducting research with consumers to explore mechanisms that give effect to ACCCAustralian Competition and Consumer Commission The ACCC is Australia's competition regulator and national consumer law champion. rules regarding ‘informed’ and ‘explicit’ consent. It is investigating how consumers interpret and interact with data clusters within scope for the API standards, designing consumer-facing permissions language and a consent model.

Also attached is a summary of progress that provides an update on consumer experience testing currently underway by Data61 with further testing scheduled in January 2019.

You can access all of the documentation and reports included in the Christmas 2018 Working Draft here (if the links above don’t work).

Please note that feedback on the Christmas working draft will be open for four weeks, closing on Friday 18 January 2019. All submissions received via email ([email protected]) will be published publically on the dedicated GitHub.

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