CAP 141
| Category: | Wealth aggregation |
| Business Goal: | BG-016 — Complete financial picture for every customer |
| System Domain: | SD07 — Data Platform (connector) |
| Satisfying Modules: | MOD-100 External asset connector |
| ADR: | ADR-041 |
Description¶
A customer can link their external financial accounts — KiwiSaver providers (NZ) and superannuation funds (AU) — to the bank app under explicit OAuth 2.0 consent via Akahu (NZ) or direct provider APIs (AU). Once linked, daily balance and fund data flows into the customer's financial profile automatically.
The consent flow is transparent: - Customer selects "Link KiwiSaver" in the app - Redirected to their KiwiSaver provider's Akahu-powered consent screen - On authorisation, the bank receives read-only access to balance, fund type, and contribution data - Consent is revocable at any time from app settings — data deleted within 24 hours of revocation
Held-away bank accounts at other NZ institutions can also be linked via Akahu, enabling balance visibility without a full account migration.
What the bank receives (read-only, per consenting provider)¶
| Data point | KiwiSaver (NZ) | AU Super |
|---|---|---|
| Current balance | ✓ | ✓ |
| Fund type | ✓ | ✓ (where available) |
| Provider name | ✓ | ✓ |
| Last contribution date | ✓ | ✓ (where available) |
| Contribution history | Partial (provider-dependent) | Limited |
| PIR on record | ✓ (Akahu-connected providers) | — |
Provider coverage (NZ KiwiSaver, via Akahu)¶
ANZ Investments, ASB KiwiSaver, Fisher Funds (incl. former Kiwi Wealth), Simplicity, Generate, Milford Asset Management, Booster, BNZ KiwiSaver, Westpac KiwiSaver. Coverage expands as Akahu onboards new providers.
Phase rollout¶
| Phase | Scope |
|---|---|
| Phase 1 | NZ KiwiSaver via Akahu — balance, fund type, provider |
| Phase 2 | AU superannuation via direct provider APIs |
| Phase 3 | Held-away NZ bank accounts via Akahu (bank migration UX support) |