New CDR-powered solution gives individuals and sole traders a simpler way to connect bank data to accounting provider Reckon
SYDNEY, 9 November 2026 – Australian accounting software provider Reckon has become the first customer to adopt SISS Data Services’ new Consumer Disclosure solution, enabling individuals and sole traders to securely share their bank data with Reckon without the accounting platform needing to hold its own Consumer Data Right (CDR) accreditation.
Delivered through SISS’s ACSISS My Data platform, the solution enables customers to direct the sharing of their banking data with Reckon through a consent-based process. SISS Data Services acts as the Accredited Data Recipient, managing the underlying CDR infrastructure and securely delivering data to Reckon, allowing the accounting provider to focus on its core products and customer experience.
The adoption addresses a longstanding challenge in Open Banking: making secure, reliable bank feeds accessible to a broader range of customers, particularly sole traders and micro businesses without an ABN who can face friction when connecting bank accounts through existing processes.
“Reckon has partnered with SISS Data Services to tackle one of Open Banking’s biggest challenges: how to securely and efficiently serve individuals and sole traders,” said Grant Augustin, CEO and Founder of SISS Data Services.
“For Reckon, Consumer Disclosure provides a new pathway to deliver bank feeds to customer segments that have historically been difficult to support, while maintaining the quality, accuracy and security of CDR-sourced data. Ultimately, it means more individuals and businesses can benefit from the convenience of accounting-grade bank feeds.”
Sam Allert, CEO of Reckon, said the company wanted to make reliable bank feeds more accessible across its customer base.
“Many sole traders and micro businesses were depending on bank feed options that took a long time to set up and didn’t always hold up. When a feed drops out, transactions go missing and people end up chasing gaps or re-importing data by hand. That’s time they don’t get back, and it leaves room for errors,” Allert said.
“We wanted every Reckon customer, whatever their size, to have secure access to reliable bank transactions they can trust,” Allert said.
Following the Australian Competition and Consumer Commission’s (ACCC) 2026 updated clarification of ‘Use Consent’, platforms like Reckon can offer CDR-powered bank feeds through SISS Data Services without needing their own CDR accreditation.
Through SISS’s Consumer Disclosure, customers can access and share their bank data without handing over their online banking login credentials. The CDR framework provides transparency around what data is shared, its intended purpose and the duration of consent, which customers can withdraw at any time.
“Setting up a bank feed is now quicker and simpler. Customers connect their bank once, give their consent, and their transactions flow into Reckon reliably from then on,” Allert said.
“This way their accountant or bookkeeper also gets a complete, current picture of the business, helping make that relationship more productive.”
A pathway beyond screen scraping
SISS Consumer Disclosure offers fintechs and other platforms an alternative to legacy approaches such as screen scraping, which relies on customers sharing their online banking credentials with third parties.
Augustin said the approach could help broaden access to Open Banking by making secure data sharing easier for platforms serving individuals and smaller businesses.
“Consumer Disclosure changes the equation for fintechs and SMEs that want to access bank data but don’t want to take on the cost, complexity and time involved in becoming accredited,” Augustin said.
“The consumer remains in control of their data, SISS manages the CDR layer as the Accredited Data Recipient, and the data can then be securely delivered to the platform the customer chooses.”
Reckon’s adoption demonstrates how SISS Consumer Disclosure can help platforms extend access to customer segments that have historically been harder to support, while allowing them to focus on their core products and customer experience.
SISS Consumer Disclosure enables customers to share bank data with their chosen platforms across lending, accounting, small business finance, mortgage broking and personal finance. SISS has been delivering secure bank data feeds for more than 15 years.
For more information, visit acsiss.com.au/consumer-disclosure/.
About SISS Data Services
For more than 15 years SISS Data Services has provided lenders, fintechs and financial institutions with accurate, accounting-grade bank transaction data through Open Banking and direct bank feeds. Its ACSISS Platform supports organisations across Australia with secure financial data infrastructure.
About Reckon
Reckon is an Australian-owned accounting and payroll software company. For more than 30 years, Reckon has helped small and medium businesses turn ambition into accomplishment, giving SMEs the tools to manage their books, pay staff and grow their bottom line. Reckon is listed on the ASX (RKN). Find out more at reckon.com.
