ILLION OPEN DATA SOLUTIONS - END USER TERMS

(Australia)

Last Update: October 2023

Single Use Authorisation or Ongoing Use Authorisation

  1. Introduction
    • Your Service Provider has directed you to this website and/or these End User Terms, in order for you to provide Authorisation to illion (including, where applicable, authorisation to use your Credentials), which illion needs from you in order to provide our Services to your Service Provider.
    • To be eligible to use this End User Service, you must be 18 years of age or older and you must be using this End User Service in your personal capacity (and not on behalf of any other person, except where you are using this End User Service on behalf of a company, in which case you confirm you are authorised to do so).
    • By agreeing to these End User Terms, you confirm that you authorise illion to access your Account Information, and to use and share your Account Information, in accordance with these End User Terms.
    • If you do not agree to these End User Terms, or you are not eligible to use this End User Service, you must not provide your Authorisation or Credentials.
  2. Purpose
    • We will access, use and disclose your Account Information for the purpose of providing Services to your Service Provider. We will also access, use and disclose your Account Information in accordance with our Privacy Policy. You appoint us as your agent solely for the limited purpose of accessing your Account Information.
    • We are not responsible for the use of your Account Information by your Service Provider.
  3. Single Use Authorisation or Ongoing Use Authorisation
    • Your Service Provider is responsible for informing you of the Services we are providing to them and whether we collect your Account Information for a Single Use (e.g. for a loan application assessment) or Ongoing Use (e.g. for a financial management service or ongoing credit management). If you are unsure what type of use is required, please check with your Service Provider.
    • If your Service Provider has informed you that this is a Single Use Authorisation, we will complete a one-time retrieval of your Account Information (either using your Credentials or being provided with PDF copies of your bank statements). Where we access your Account Information using your Credentials, we will immediately destroy your Credentials after we use them.
    • If your Service Provider has informed you that this is an Ongoing Use Authorisation: (i) we will retrieve your Account Information using your Credentials on an ongoing basis; (ii) we will encrypt and store your Credentials and only use them when retrieving your Account Information; (iii) you must update your Service Provider if your Credentials change (otherwise we will no longer be able to retrieve your Account Information and provide Services to your Service Provider, but we may continue to use the Account Information that we hold in accordance with these End User Terms); and (iv) you may terminate or suspend your Ongoing Use Authorisation (at your discretion) by contacting your Service Provider.
  4. End User Services
    • End User Services are accessible:
    • (a) on our website at www.bankstatements.com.au;
    • (b) through an Application Programming Interface ("API") (where an API is specifically created for this purpose in conjunction with your Service Provider); or
    • (c) through your Service Provider providing or facilitating the provision of PDF copies of your bank statements to us.
    • End User Services are provided on an "as is" and "as available" basis. To the extent permitted by law, any representation, warranty, condition, guarantee or undertaking that would be implied into these End User Terms by legislation or otherwise is expressly excluded.
  5. Acknowledgments
    • You acknowledge that it is your sole responsibility to ensure that:
    • (i) you have express authority from any applicable joint account holders to provide your Authorisation to us, in accordance with these End User Terms;
    • (ii) your use of the End User Services (including appointing us as your agent to access your Account Information) complies with your bank’s terms and conditions; and
    • We will not charge you for our Services, although you may be charged by your Service Provider in accordance with the terms which you agree with them.
  6. Anonymised Information
    • Unless otherwise agreed with your Service Provider, we will fully anonymise any of your Account Information which is retained by us and use it in an aggregated form of the purpose of: (i) developing and refining transaction categorisation; and (ii) use in our spend analytics service (i.e. our service that provides insights regarding historical spend information).
  7. Changes
    • We reserve the right to change or discontinue, temporarily or permanently, any End User Services at any time without notice, and without liability to you.
    • We may update these End User Terms from time to time. Please refer to our website for the most up to date version.
  8. General Terms
    • These End User Terms are governed by the laws of Victoria, Australia.
    • For further information about our privacy practices, including your rights to access and request correction of any personal information that we hold about you, refer to our Privacy Policy.
  9. Dictionary
    • Account Information means information relating to your Bank Account, such as your account name/s, addresses, account details, account balances, credit limits, transaction amounts and details including amounts and details of benefits, grants or subsidies provided to you.
    • Authorisation means the authorisation you provide to us under these End User Terms (including, where applicable, authorisation to use your Credentials to access your Account Information).
    • Credentials means any access credentials, logins and passwords of your Bank Account that you provide to us.
    • End User Service means our service that enables you to provide your Credentials and/or Authorisation to us, in accordance with these End User Terms, to enable us to provide our Services to your Service Provider.
    • End User Terms means these terms.
    • illion, we, our or us means illion Open Data Solution Pty Ltd.
    • Ongoing Use Authorisation means your authorisation for us to retain and use your Credentials to retrieve and use your Account Information on an ongoing basis, as described in section 3 above.
    • Bank Account means your account held with a bank, credit union, financial services provider or any on-line portal in Australia.
    • Privacy Policy means illion’s Privacy Policy (as updated from time to time) available at https://www.illion.com.au/privacy-policy-risk-marketing-solutions/.
    • Services means the services that we provide to your Service Provider from time to time, such as:
    • (a) account verification (i.e. to supply the name an account is held in to show ownership);
    • (b) income and expense information;
    • (c) transaction categorisation; and
    • (d) an 'illion Transaction Risk Score' (a score based on transaction information).
    • Service Provider means your service provider (such as a bank, credit union or financial services provider) that has directed you to these End User Terms to provide your Authorisation to us.
    • Single Use Authorisation means your authorisation for us to retrieve and use your Account Information on a once-off basis, as described in section 3 above.