Secure Statements

Secure Statements uses information related to your bank account to make an instant lending decision by verifying the information you told us is correct such as your income or your rent or mortgage payments. The connection to your bank is managed by Yodlee, a global leader in banking technology with over 30 million users worldwide. Many of Australia's leading financial institutions use Yodlee technology to deliver online services because of their exceptional credentials in bank-level security which is audited and accredited by the US government.

Traditionally this information is provided by you by faxing or emailing a copy of your pay-slip and bank statement. By using Secure Statements we reduce the burden on you and reduce the time it takes for us to give you a decision – which is now instant, in seconds!

Once entered, any login and financial institution details you give us are immediately encrypted by Yodlee using multi-layered hardware and software encryption.

Why do I need to provide my bank login information (username, password, security questions)?

Secure Statements has identified online banking access as the quickest and easiest method to get access to your banking information. In order to access this information, it is necessary that you use your username, password, and if applicable any security questions, associated with your online banking account.

What does Secure Statements look for in my statement information?

When we analyse your statement information, we’re trying to verify that what you told us in relation to your application is true and correct. As a responsible lender, we look to make sure your income or salary, and rent or mortgage payments looks spot on. We also check to make sure you can afford the weekly payments of this new proposed finance. These are the same things we calculated using your pay-slip and bank statements in the past, but now it is online so much faster and is an easier process.

What security measures are in place?

Security is our highest priority. All data sent to our server is encrypted with 256-bit encryption, secured by 2048-bit keys. This is the same level of encryption that the banks use. If you want, you can read more details about our security measures.

How do I know that my internet banking will remain secure?

We do not keep your internet banking credentials. Your credentials are encrypted when you enter them, passed to your bank to gain access to your statement information and then permanently deleted. If you need to use us again, you will need to re-enter your internet banking credentials again as these are never kept nor stored.

Can Secure Statements employees view my online banking username and passwords?

No, Secure Statements employees cannot view your banking username and passwords in fact no one can. We do not store this information in our network, systems or on any computer that a Secure Statements employee has access too. Your banking credentials are only sent to your bank then immediately and permanently deleted.

What else can I do to protect my bank accounts from third party access?

There is no need to worry, your credentials are encrypted as you enter them and permanently deleted once your statement information has been obtained. If you are still concerned you could simply change your internet banking credentials after using our service.

What other information do I need to use Secure Statements?

None, you only need your internet banking credentials to use Secure Statements.

Who authorises you to get my bank statements?

You do. We cannot get your bank statements without your permission.

How much does it cost?

It is a completely free service to you if you’re applying for finance. Similar to a credit check when applying for finance you don’t pay anything.

How many days of statements can you get?

Our technology allows for the retrieval of 90 days of bank statement data.

How do I get started?

Simply get your device ready and follow the instructions that were sent to you to begin.

Where can I find out more about the technology that protects my information?

You can find the important information in our Privacy Policy or Security Practices sections.

Still have questions?

Please don't hesitate to contact us.

Bank Level Encryption

No Ongoing Connection

Read Only Service