Celebrating 25 Years of Industry Collaboration
LIXI Forum 2026 Recap
'Connecting People and Systems Across Lending for 25 Years'
The 2026 LIXI Forum brought together over 150 industry leaders, innovators, and experts from 73 organisations across the lending ecosystem in Sydney. Attendees departed with actionable blueprints for multi-layered fraud defence, explainable AI credit models, and modern LIXI2 composable architectures.
The LIXI Team at the 2026 Forum
The 2026 LIXI Forum was a true milestone for our community as we celebrated 25 years of industry-led standards collaboration. It was fantastic to bring everyone together in person, with great networking between sessions, lively discussions over coffee, lunch and refreshments, and plenty of practical technical deep dives.
Our Chairman, Mike Thanos, opened the day by reflecting on our founding in 2001, when mortgage applications left broker offices as faxes and were manually re-keyed across multiple participants. As Mike eloquently framed, LIXI was never just a technical achievement, it was a profound trust achievement. The stonemasons who cut the foundation stones of cathedrals knew they would never see the roof, yet they cut them true anyway. Today, we stand on the shoulders of those founders as we lay new stone: transitioning from a shared language to a shared network via the LIXI Ecosystem Connector (LEC) Network, and making lending policies machine-executable through the LIXI Smart Rules Standard.
Our sincere thanks to all our speakers, panellists, and our fantastic MC, Leann Jones, for keeping the energy and momentum going all day. Thank you also to everyone who shared practical architectures, live demos, and real insights. That openness and collaboration is what LIXI is all about.
Four core themes emerged from the day's discussions, outlining a clear path forward for intelligent, resilient, and connected lending ecosystems:
Active across major banks, regional lenders, aggregators, and fintechs.
Consecutive monthly release cadence delivered with zero breaking changes.
Collaborative, member-driven tickets resolved to keep standards evergreen.
Session 1 confronted the rapid industrialisation of mortgage and document fraud. Moderated by Leann Jones (Nimo Industries), our expert panel featuring Brett Spencer (CEO, FraudX), Sean Quagliani (CEO & Co-Founder, Fortiro), and Naveen Ahluwalia (Head of Legal & Regulatory Affairs, MFAA) set a high benchmark for the day.
The discussion went far beyond basic PDF tampering, exploring coordinated collusion, syndicated loan rings, and the acute need for cross-industry data sharing. Key insights included balancing document-level forensics with direct, authoritative data sourcing and aligning with Treasury regulatory advocacy.
In an accompanying industry feature, Brett Spencer revealed forensic audit findings from 320 auto finance applications (1,660 documents), showing that 1 in 3 applications (31.6%) carried at least one suspected fraudulent document, with 81% concentrating in income verification evidence.
LIXI CEO Shane Rigby and CCO James Pitt then delivered The LIXI Vision, charting Australian lending's next architectural leap. While LIXI2 successfully standardised payload schemas, the ecosystem now faces the unsustainable friction of hundreds of bespoke point-to-point connections. To solve this, they introduced the LIXI Ecosystem Connector (LEC) Network and the LIXI Smart Rules Standard, replacing static policy PDFs with machine-executable rules evaluated locally at the point of origin to eliminate late-stage rejections while fiercely protecting lenders' proprietary underwriting models.
Elise Ivory (Partner, Dentons) delivered an eye-opening breakdown of Dark Patterns in Digital Loan Workflows, highlighting deceptive UX mechanisms such as pre-selected checkboxes, hidden fee accordions, and forced continuity. Elise detailed how ASIC is deploying general powers to scrutinise digital choice architecture under the incoming Unfair Trading Practices regime.
Connecting directly with this regulatory challenge, Gordon Campbell (Co-Founder & Chief Markets & Strategy Officer, RDC.AI) explored Glass Box AI in Credit Decisions. Gordon presented a governance blueprint based on three tests (The Banker Test, The Customer Test, and The Archaeology Test for multi-year auditability), emphasizing that: "Clean, standardised LIXI payloads are not a compliance chore; they are the foundation automated decisioning is actually built on."
The session also featured the lively Open Banking Panel moderated by Jennifer Harrison, with Ben Ford (MogoPlus) and Jacob Parker (Fiskil) bringing unvarnished pragmatism to Consumer Data Right (CDR) adoption, payload quality, and borrower consent in lending.
Afternoon technical sessions demonstrated real-world implementations of AI across the lending value chain:
- The Right Tool for the Job: Containment Engineering (Shane Rigby, LIXI): Unpacking the "Reliability Trap" in regulated credit decisioning, where reaching 99%+ compliance through manual auditing wipes out AI ROI. Shane demonstrated how wrapping flexible cognitive models inside deterministic validation vessels (strict schemas, Schematron rules, and sub-10ms feedback loops) enables lower-cost models to self-correct to 100% verified execution before human review.
- Finding the Language of AI: What Words Reveal About What Matters (Stan Domeshok, Lendi): Exploring how "language steers your thinking", using ancient symbolic communication and modern composability to frame the architectural challenges of building AI-native broker platforms.
- Loanworks AI Intake Plugin: Seven Prompts, One Agent (Urvesh Vibhakar, Loanworks): A live demonstration using Anthropic's Model Context Protocol (MCP) to connect Claude directly to Loanworks origination, turning raw email documents into schema-valid LIXI CAL payloads with Schematron validation. Urvesh emphasized: "The standard did the heavy lifting: LIXI CAL is machine-readable by design. That's what makes this production-viable, not the model."
The Modern LIXI2 Integrations Panel hosted by Kyle Dunsire (Ingenuity Partners), featuring Brandon Lewis (AFG), Michael Poole (Mortgage Choice), Urvesh Vibhakar (Loanworks), and Robert Dyball (IQ-EQ), detailed how composable architectures and Schematron Smart Rules allow institutions to update credit policy rules without redeploying application code.
Mamta Saragal (Chief Architect & CTO, CC&C Solutions) presented on the BIAN and LIXI AI-Ready Framework. Mamta detailed the "Two standards, one stack" model, where BIAN carries global semantic banking capabilities (341 service domains) and LIXI delivers implementation-ready contracts for Australia and New Zealand. With 3 of the 4 major AU/NZ banks now BIAN members, this alignment provides an essential semantic ladder for enterprise AI.
Closing out the day with the Platinum Keynote, Dr Nathan Chandler (Commonwealth Bank of Australia) presented Agentic Enablement at Scale. Dr Chandler shared extraordinary insights into CBA's event-driven agentic AI architecture, illustrating how automated 'Golden Pipelines' enforce code quality, security, and governance across 10,000+ technologists. Highlighting concrete enterprise metrics, he demonstrated how agentic systems have automatically identified over 12,800 technical debt issues and raised more than 8,100 automated pull requests to remediate codebases at scale.
Presentations & Resources
Download presentation slide decks and explore resources shared during the LIXI Forum 2026.
The LIXI Vision: Standards to Shared Network
Speakers: Shane Rigby (CEO) & James Pitt (CCO). The next architectural leap for Australian lending: introducing the LEC Network and machine-executable LIXI Smart Rules evaluated at the point of origin.
The Right Tool for the Job: Containment Engineering
Speaker: Shane Rigby (CEO, LIXI). Overcoming the AI Reliability Trap in lending by wrapping flexible models inside deterministic validation vessels and sub-10ms feedback loops.
Document & Loan Fraud in Lending
Speaker: Brett Spencer (CEO, FraudX). Forensic audit findings from 320 auto finance applications, multi-layered fraud defence, and cross-industry intelligence sharing.
Dark Patterns in Digital Loan Workflows
Speaker: Elise Ivory (Partner, Dentons). Regulatory breakdown of deceptive UX mechanisms, ASIC scrutiny on digital choice architecture, and the incoming Unfair Trading Practices regime.
From Standards to Semantics: BIAN & LIXI
Speaker: Mamta Saragal (CC&C Solutions). The semantic ladder connecting physical banking data models to autonomous AI using BIAN service domains and LIXI contracts.
Trust and Explainability: Glass Box AI
Speaker: Gordon Campbell (RDC.AI). Blueprints for explainable credit decisions, data governance, and the three practical tests of AI decision auditability.
Loanworks AI Intake Plugin: Seven Prompts, One Agent
Speaker: Urvesh Vibhakar (Loanworks). Connecting Claude via MCP to parse raw email documents directly into schema-valid, Schematron-verified LIXI CAL payloads.
Standards & Infrastructure in Focus
Explore deep dives on the LIXI Smart Rules Standard and the LIXI Ecosystem Connector (LEC) Network, shifting policy validation left and establishing a federated connectivity network for Australian lending.
LIXI Smart Rules: Shifting Policy Validation Left
Lending currently suffers from an "Interpretation Tax", where credit policy updates must be manually interpreted and recoded into CRM and aggregation systems from ambiguous PDFs and spreadsheets.
The LIXI Smart Rules Standard replaces static documentation with machine-executable rule packages evaluated locally at the point of origin. By validating applications before data is transmitted over the wire, platforms catch policy breaches instantly at the source, ensuring 100% mathematical determinism and generating automated statutory SVRL audit reports while protecting lender proprietary risk models.
LIXI Ecosystem Connector (LEC) Network
For 25 years, LIXI has standardised lending content, but transport mechanisms remained fragmented across hundreds of bespoke point-to-point connections and centralised gateways.
The LEC Network introduces a federated architecture of participant-hosted components. Lenders publish pricing, eligibility, and validation rules directly to upstream brokers, enabling local pre-qualification across all product types without transmitting customer PII to external APIs. Standardised backchannel messaging keeps everyone in sync in real time across the entire origination pipeline.
Thank You to Our Forum Sponsors
Our annual forum is made possible through the generous support of our sponsors and partners.
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