Citi Partners With Frollo To Test Its Open Banking Systems

Australian fintech Frollo has today announced that it will be performing Data Holder Testing for global financial institution Citi, to ensure their CDR Data Holder solution is compliant with CDR rules.As the July deadline to become a Data Holder comes into view, Citi is implementing their solution to enable their customers to share CDR data with Accredited Data Recipients.Testing is an important part of this process, to ensure the solution complies with CDR rules and delivers a high quality customer experience.Frollo’s Data Holder testing solution focuses on a combination of powerful and proven testing technology with hundreds of codified testing scenarios, operated by experienced engineers able to understand and triage any errors that come up.Tony Thrassis, Frollo CIO: “Getting your Data Holder solution right is important, as it will save you time, money and headaches in the future. It's never been truer than in Open Banking that testing must be part of a quality process. New CDR standards and CDR rules mean that compliance testing is an additional burden to the suite of functional and non-functional tests that are usually performed. We’re excited that Citi has chosen to work with Frollo to thoroughly test their technology for compliance and user experience.”Frollo Data Holder testingWork with Australia’s most experienced CDR Data Holder tester to save time and money, with the confidence your testing will be done to the highest standards.Learn more on https://frollo.com.au/enterprise/data-holder-testing/ -ends- About Frollo:Frollo is a purpose driven fintech on a quest to help people feel good about money. They’ve built the simplest way for people to turn around their finances using Open Banking and AI, and their SaaS Platform helps banks, fintechs and lenders do the same for their customers.As the first fintech Accredited Data Recipient and the only consumer app with CDR access in Australia, Frollo is leading the charge in Open Banking.The Frollo SaaS Platform brings together their AI engine, API’s, partner integrations and Open Banking solutions. The platform enables clients to collect and use financial account data for a wide range of use cases, such as personal finance management and credit decisions.For media enquiriesPiet van den BoerHead of Marketing - Frollopiet@frollo.us0468 375 783

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Open Banking and Financial Data Aggregation Leader Envestnet | Yodlee Secures CDR Accreditation from the ACCC