Open Banking credit risk assessment
Confident lending with lower risk
Gain a clear understanding of customer behaviours, including financial commitments, repayment history, and spending patterns. Use real-time data to identify risks like gambling, loan stacking, or financial distress, enabling better decisions and reducing defaults.
A clearer, up-to-date picture of risk
Gambling vs income
Spot unhealthy gambling habits impacting affordability with a 12-month overview.
Loans
See loan stacking and existing commitments to assess potential overextension.
Cash withdrawals
Track frequent cash withdrawals as a sign of financial strain.
Buy now pay later
Understand Buy Now, Pay Later activity and its effect on disposable income.
Unarranged overdrafts
Flag unarranged overdrafts as a signal of financial distress.
Debt recovery
Identify debt recovery involvement to gauge repayment challenges over the past 12 months.
Two ways to assess risk
Via API
Leverage our Transactions and Accounts Endpoints to ingest real-time categorised data and build your own risk models.
Alternatively, use our pre-defined Risk Assessment Report block for aggregated insights into financial commitments and potential red flags.
Underwriter Dashboard
Visually review risk factors such as spending habits, repayment behaviour, and financial obligations. Simplify manual risk assessments with clear, categorised data for confident decision-making.
