MOGOPLUS Open Banking Solution Overview

This below solution illustrates the data flow and security protocols that are put in place for the CDR data that interacts with various endpoints on the MOGOPLUS platform.

This diagram illustrates a secure data-sharing workflow between the Lender, ADR, CDR Source and MOGOPLUS.

Data Flow Explanation:

1. Consent and Customer Order:

• Applicants provide consent to the Lender to access their data.

• The lender then initiates a Insights Order which triggers the data retrieval process.

2. Data Retrieval by ADR:

• The ADR sends a request to the CDR Source to obtain CDR Data.

• Upon receiving the CDR Data, ADR prepares it for submission.

3. Data Submission to MOGOPLUS:

• The ADR submits the collected data to MOGOPLUS using secure communication protocols (mTLS + Token).

• This ensures the data is transmitted securely.

4. Insights Report:

• MOGOPLUS processes the submitted data and generates an Insights Report.

• This report is sent back to the ADR, which can be accessed by the lender.