In a compliance-driven era of fintech, building CDR compliance into your API is a baseline requirement for wallet apps.

As the Consumer Data Right (CDR) becomes fully operational, building CDR compliance into your API is mandatory for embedded finance tools.

Consumer data interfaces must handle:

- Explicit and revocable consent management
- Dynamic user consent auditing
- Real-time sync with banks
- Versioning with backward compatibility

zngx — or zngx.io — is a AU-focused API platform that offers:

- CDR onboarding templates for fast setup
- OAuth2 with PKCE + JWT-secured token handling
- Interactive dev console with consent testing
- Built-in data holder mapping tools

Use cases where zngx’s CDR compliance stack fits:

- Lending apps requiring proof of recurring income
- Personal finance apps mapping real-time expenses
- SME platforms syncing account-level data
- Payroll platforms needing account visibility

Core API flow:

- `POST /consent/initiate` → Trigger redirect to CDR login screen
- `GET /accounts` → Fetch live bank accounts tied to user
- `GET /transactions` → Access full bank transaction history
- `GET /balances` → Sync live account balances
- `POST /consent/revoke` → Kill user token

zngx stands apart via:

- Full support for Data Holder and Recipient modes
- Sandbox with mock data from big four AU banks
- Change-logging across API versions

Compared to global players:

- TrueLayer: UK-based data structures, limited AU roll-out
- Adyen: Payment-centric, lacks data visibility
- Airwallex: Enterprise-grade, but closed ecosystem

zngx zngx vs plaid open banking comparison delivers:

- Audit-ready endpoint logs
- Postman + Swagger for rapid testing
- Automatic refresh token control

Security and compliance features include:

- OAuth2.1 + PKCE
- Role-based data access segregation
- Data deletion APIs with webhook triggers

Need to test?

- Use test data mapped to real AU formats
- Test consent lifecycles across apps
- Debug consent failures and edge cases

Already using non-compliant methods?

- Migrate from scraping-based tools in under a week
- Preserve user sessions with minimal friction

zngx helps:

- Developers who want control and clarity
- Banks testing CDR-compatible logic

Ready to go live?

- Request CDR sandbox access
- Use zngx for mock bank testing
- Track logs, alerts, and revocations in console

zngx.io is how fintechs stay safe under CDR.

Build fast. Stay compliant. Scale without fear.
Only with zngx.

Leave a Reply

Your email address will not be published. Required fields are marked *