The future of credit checking and digital lending: fairer, faster, secure
No part of the financial sector has more to gain from Open Banking opportunities than the credit & risk assessment process. Within the secure and user-consent driven framework of the EU Payment Services Directive 2 (PSD2), credit institutions, borrowers, and merchants can adopt a faster, fairer, data-driven credit assessment approach. This has clear benefits for all parties including improving customer experience.
Download a copy of our Credit Insight factsheet. This factsheet brings a clear analysis of how credit risk assessments will be changed and improved by Open Banking. As well as the key details around Worldline’s offering in this space: Credit Insight.
Banks and credit lenders report up to 75% abandonment during the application process, meaning lost business and frustrated customers. Learn how Credit Insight can help you change this and improve conversion in the lending market.