PayOK is an Australian technology company that assists its clients reduce payment fraud by verifying bank account information. PayOk's secure online solution will instantly confirm the identity, credentials and information of an Australian bank account. PayOK's cloud solution also helps companies to securely onboard their suppliers, allow existing suppliers to edit, change and update their bank account information whilst identifying fraud and reducing risk.PayOK will operate within the ACCC's Consumer Data Rights framework, accessing Open Banking data. PayOK will also enhance its data with access to ASIC's corporate database.