BankStatements.com.au is a bank statement retrieval platform used by thousands of Australian and New Zealand lenders and brokers. Built and operated by illion Open Data Solutions (now part of Experian), it allows mortgage brokers to collect up to 365 days of verified client bank statement data directly from financial institutions via a secure web-based portal — without clients needing to manually download and send PDFs. Includes a Responsible Lending report with detailed monthly living expense categorisation to support lender compliance requirements. Operates via screen-scraping technology — clients provide their online banking credentials to authorise a one-time data retrieval. Australian owned and operated, with servers in Australian data centres.
Important distinction to capture in publicCommentary: BankStatements.com.au uses screen scraping (banking credentials required) vs Frollo which uses CDR (no banking passwords). Both are legitimate and widely used — but brokers should understand the difference. illion as a standalone entity no longer exists post-Experian acquisition, but BankStatements.com.au continues to operate. The _important_note in compliance should inform the publicCommentary field once written.
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