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Shift has selected ACSISS, by SISS Data Services as its banking data provider, using Open Banking to streamline credit decisions for Australian businesses

SISS Data Services (“SISS”) is proud to announce its partnership with Shift, a leading provider of credit and payment products to Australian businesses.

Shift has appointed SISS to deliver secure bank data feed services for its customers, supporting Shift’s revolving product suite.

Open Banking is the engine behind the ACSISS’s reach across 100+ banks, allowing Shift to pull secure transaction data on demand and turn it into faster, smarter credit decisions.

“Shift has a unique product capability and market leading user experience,” said Grant Augustin, Founder & CEO of SISS Data Services. “Our job is simple, give Shift the reliable, accounting-grade data they need to back every decision with confidence, without slowing down the customer journey.”

“Our focus is on supporting Australian businesses with ongoing access to financial products tailored to their needs,” said Jamie Osborn, CEO of Shift. “Partnering with SISS helps us deliver with more agility, to provide ongoing credit to our customers.”

Open banking in Australia is part of the federal pro-competition Consumer Data Right (CDR) regime which went live in banking in 2020.

About SISS Data Services

SISS Data Services specialises in the provision of high quality, high reliability bank data feeds and associated support services via its ACSISS product suite. Sourcing data through direct bank connections and Open Banking, SISS provides customer bank data feeds to B2B platforms, with a particular focus on those requiring ‘accounting-grade’ data, such as accounting, ERP and business lending platforms. Founded in 2011, SISS is headquartered in Sydney, Australia and has operations in New Zealand. SISS is ISO 27001 certified and an Accredited Data Recipient under the Australian Consumer Data Right.

For media queries, please contact carolina@siss.com.au

About Shift

Shift’s range of credit and payment products enables businesses to take control of their cashflow, purchase assets, streamline trade terms and choose the right financial products for their ever-changing needs. Shift provides financial certainty to businesses so they can operate and grow.

For media queries, please contact media@shift.com.au

 

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