The Australian Competition and Consumer Commission has granted Consumer Data Right accreditation to Payble, a platform which identifies consumers who may benefit from payment flexibility options, such as paying by instalments, activating a payment extension or accessing COVID relief. Payble, a subsidiary of anti-money laundering systems provider Identitii, has received a total of A$1.85 million from CBA's incubator fund x15ventures, including $700,000 earlier this week. CBA had been backing Payble in a pilot program with a large energy retailer – the industry sector that Payble has targeted for its go-to-market strategy. Payble has claimed it is the first consumer payments app to receive CDR accreditation. AFG has added SME lender Oak Capital to its commercial loan panel, saying SMEs are looking for more lender options. Oak, which was established in 2013, is a fund manager operating two mortgage funds. It provides loans that are secured against real estate. Oak has a mortgage management division, Resicom. It has total assets under management of around A$700 million. Open banking fintech Adatree has appointed Alex Scriven as its chief operating officer. Scriven joins Adatree from Equifax, where he spent the past five years as head of open data products and strategy. Previously he was the leader of digital innovation at Bendigo and Adelaide Bank. Adatree is a Consumer Data Right accredited data recipient.