MoneyBuddy Data Pty Ltd ABN 89 166 277 845 trading as Proviso Data (“Proviso”) provides a read-only service of transaction data and information and the connection between MoneyBuddy and your bank is closed as soon as the data and information is received.
We are required by law to make an assessment on the suitability of the loan you have requested before we may provide you with a loan. To do so, we review your bank statements. By using our electronic bank statement retrieval solution provided by Proviso Data ("Proviso") you are allowing us view only access to your bank account transaction data (Transaction Data). If you agree that we may access your transaction data, the information you provide to us must be accurate and the bank account information you provide to us must be yours and in your name. If we provide you with a loan, we may also access your Transaction Data on an ongoing basis throughout the life of your loan for the purposes of account management, including if you are in default.
THIRD PARTY ACCOUNTS
By agreeing to allow MyOzMoney and Proviso viewing access to your Transaction Data, you authorise Proviso to access third party web sites, and information from third party web sites at your request and using your information, for the purpose of retrieving bank account Transaction Data. We recommend that you refer to the terms and conditions of your account you are allowing MyOzMoney and Proviso viewing access to, including any internet banking terms and conditions before you use this service. Providing us with your internet banking login details may limit your rights under your banks terms and conditions for unauthorised transactions.
You acknowledge that you are allowing MyOzMoney and Proviso to review your Transaction Data at your sole risk. You also confirm that you possess the legal authority to provide the information that allows Proviso access to retrieve your Transaction Data.
On a further note, we cannot guarantee that allowing us to review your Transaction Data will guarantee the success of your loan application.
We will access your bank account transaction data using the services of Proviso through their website proviso.com.au. We will use your Transaction Data to assess the suitability of your loan request and for ongoing account management. That information is encrypted in transit and there are physical, electronic and managerial procedures to safeguard and secure your personal information. User login credentials are encrypted using 256-bit encryption with 2048-bit keys.