MKTplace-use case: Commercial Credit

AperiData

Written by Amy Sariego on 14 Dec, 2023. Posted in Partners. No Comments on AperiData

Partners

AperiData

Harnessing Open Banking to Revolutionize Credit Decisioning

Key Benefits

Better decisions across the lifecycle. Our data insights improve decision consistency, speed and accuracy from customer onboarding to account management. We harness the power of Open Banking to transform credit and lending processes that power instant, responsible, and ethical decisions.
Quick and easy to integrate. Use our developer-friendly APIs to integrate directly with your own platforms and customer journeys, unlocking all the efficiencies of data consistency and automation. Also available as a stand-alone product for your users.

“For marginal cases, traditional credit bureau data doesn’t provide sufficient information to make decisions. Using AperiData, around 90% are now approved because of the accuracy of their data.”
MATTHEW STEVENS, CEO, HEY CREDIT UNION

The Real Time Credit Reference Agency

AperiData is an FCA authorized Credit Reference Agency and Open Banking provider that uses banking data to provide real time risk insights.

We see a world where businesses can access comprehensive financial insights at their fingertips, where consumers have control over their financial data, and where data-driven decisions lead to better financial outcomes for everyone.

Our founding team bring over 100 years of combined experience gained in senior roles at organizations across financial services, software, and data service providers. This experience is embedded not only in our technology solutions but also in our proprietary delivery methodology, which enables us to efficiently implement the right solution for every client.

Resources

AmeriData Company and Product Overview

About AperiData

Services
Transaction Categorization: Our machine learning models help you better understand your customer’s income and spending patterns by accurately classifying incoming and outgoing transactions into specific categories. Use this data to make more informed risk decisions and help your customers understand where they’re spending to stay on top of their finances.
Affordability: A complete, accurate snapshot of your customer’s financial position in real time. Our affordability engine uses income and expenditure categorization to accurately calculate customer affordability. Harness rich insights and trends across income, expenditure, assets and liabilities. Understand your customer’s true disposable income and affordability, including detailed breakdown of any benefits received.
Credit Console®: The Credit Console® provides you with a high-impact, high-resolution view of our rich data insights, allowing users to quickly assess your customer’s financial profile. Available as an integrated or standalone solution to be deployed for your business quickly and easily.
Credit Scoring and Risk Indicators: Access our suite of risk flags and identifiers that highlight potential high-risk activities, or areas requiring further investigation.
Identity: Improve KYC and verify customer identity with each linked bank.
Regions Supported
United Kingdom

AdviceRobo

Written by Amy Sariego on 27 Oct, 2023. Posted in Partners. No Comments on AdviceRobo

Partners

AdviceRobo

Dynamic Personality Data for BNPL and SME Credit Decisioning

Key Benefits

Increase your acceptance rate up to 40%. Incorporating personality data will enhance your scorecards with insights on customer segments like next-gen consumers, newcomers to the country, and small businesses, enabling more accurate predictions and access to previously untapped customer segments.
Seamless customer journey, low-tech integration, real-time insights. Our JavaScript plugin, integrated into your customer onboarding process, gathers data from various touchpoints and provides information, profiles, and decisions. A 24/7 dashboard offers real-time insights into the funnel, comprehensive customer data, alerts, and model performance.

“AdviceRobo is an innovative partner supporting us with their psychometric credit scoring. Our cooperation really adds value to our business. They are a great bunch of people. We are happy to team up with them and benefit from their knowledge.”
SME PLATFORM LENDER IN EUROPE

AI-Driven Solutions to Improve Your Underwriting

AdviceRobo mission is to responsibly promote financial inclusion for the next generation, globally. Younger generations possess unique attributes such as digital fluency, strong entrepreneurial spirit, and a commitment to sustainability, often overlooked by traditional financial methods. To bridge this gap, we’ve crafted an advanced data collection tool tailored for next-gen traits and behaviors.

This tool serves as the foundation for our sophisticated analytical solutions, integrating cutting-edge AI, all while upholding ethical standards and respecting privacy within the regulatory framework. Our solutions empower you to exercise greater control with automated customer data enrichment and seamless data automation through our automatic data pipelines. We also offer innovative modeling and scorecards, in addition to assisting your team in developing customized scorecards. By embracing these solutions, you can embrace the future of financial inclusion and cater to the unique needs of the next generation.

Resources

Use Case: Increase Acceptance

About AdviceRobo Services

Proprietary Personality Data
Psychometric data
Digital footprint data
Biometric data
Demographic data
Profiles and Scores
Life-centric profile
Financial health profile
Life-centric credit score
Other risk scores
Custom Solutions
Score card development
Model development
Design AI strategies and roadmaps for and with boards and management
Education and training on AI for co-workers
Regions Supported
Global

Trustfull

Written by Amy Sariego on 20 Oct, 2023. Posted in Partners. No Comments on Trustfull

Partners

Trustfull

Make Better Risk Decisions with Digital Footprints

Key Benefits

Real-time risk intelligence from Email, Phone, Device, IP, Browser analytics. Fast and Accurate. Trustfull monitors and scores identities, sign-ups, logins, transactions, and new accounts in real-time, silently in the background, without any impact on the user experience. Choose from single products integrations such as Email or Phone, IP, Browser, Device or select Trustfull Digital Score for a comprehensive bundle generating accurate risk scores on both consumers and small businesses/merchants.
Leverage alternative data for your risk decisioning, globally. Access hundreds of new data sources, from a single integration with Trustfull, providing actionable trust and accurate risk signals with unlimited international coverage. Remain fully protected and compliant adding an extra layer of security to your stack, detecting risk early in the journey, preventing costly and more complex fraud down the line.

“Integrating Trusfull’s identity scoring algorithms in our AML/KYC process allowed our bank to tap into alternative data sources to identify suspicious behavior in the account opening phase, with positive impacts on overall onboarding process and account opening times.”
LUCA CRIVELLARI, SECURITY AND ANTIFRAUD DIRECTOR AT BANCA SELLA

Make Better Risk Decisions with Digital Footprints

Trustfull helps organisations across industries addressing challenges faced when acquiring, onboarding and protecting customer accounts and transaction attempts, as well as helping when onboarding small businesses and micro-merchants.

With the power of machine learning and digital footprint data derived from phone number, emails, IP address, device and browser data – Trustfull passively analyse and score hundreds of digital signals to form a comprehensive risk picture about the customer interaction, empowering businesses to make better decisions and ensure a safer digital environment.

Trustfull is an enterprise-first solution uniquely positioned in the market as:

More accurate and predictive data signals, with higher match rates into web and social accounts than any other provider.
Best in class Email and Phone Analytics product, with fully global market applicability at the highest accuracy rates.
Robust data sources, coupled with proprietary ML models and skilled teams providing tailored and customised support to enterprises.
Solution can be set-up independently or positioned alongside ANY existing organisation fraud and risk tool to complement and enhance security.

Resources

About Trustfull

Services
- Phone Number Intelligence
- Email Address Analytics
- IP Address Intelligence
- Device Detection
- Browser Biometrics and Insights
- Digital Score and risk score, across all touchpoints
Regions Supported
- Global

AIForesee

Written by Amy Sariego on 19 Oct, 2023. Posted in Partners. No Comments on AIForesee

Partners

AIForesee

AIForesee – Pioneering Innovative MSME Score for the Productive Segment

Key Benefits

Proprietary Machine Learning Algorithm Catered for the MSME Segment. AIForesee was born to solve the underserved/unbanked productive segment’s pain points (i.e. the Micro, Small Medium Enterprises (MSMEs)) by providing additional insights for risk assessment in making credit decisions. ‘Productive’ is in Our DNA.
Acting as the ‘Data Hub’ for your Organization’s Efficiency. Having the Productive segment as our DNA, AIForesee developed our products by integrating with various alternative data sources. Consequently, you could ride-on what AIForesee has integrated as your ‘data enrichment one-stop-service’.

AIForesee – Pioneering MSMEs Innovative Credit Score

As an innovative credit score company that focuses on supporting lending institutions that target the productive segment (i.e. MSMEs), AIForesee aggregates alternative data sources (i.e. telco data, social media data, payment-related data, etc.) and processes them with our proprietary scoring engine by leveraging machine-learning algorithms. Our product consists of AIForesee’s Gen-Score that targets micro/small entrepreneurs (i.e. sole-proprietorships/individuals businesses) as well as small/medium enterprises (i.e. limited-liability companies). In addition to that, we are also able to provide a bespoke/tailor-made approach based on our client’s needs and enable data-enrichment initiative by leveraging our integration points.

Currently, our services have been used by a variety of clientele, ranging from digital banks, peer-to-peer lending companies, rural banks, etc. For more info, contact [email protected].

Also read: The Essential Guide to Credit Underwriting Engine

About AIForesee Services

Generic Score Product
Gen-Score Biz
Gen-Score Retail
Data Aggregation Features
Telco
Social Media
Compliance-Related Product
Business Profile Insights
Tax-Related Insights
E-statements
Project
Join Development for Bespoke Model
Countries Supported
Indonesia

IDfy

Written by Amy Sariego on 18 Aug, 2023. Posted in Partners. No Comments on IDfy

Partners

IDfy

Trusted AI for Secure and Seamless Identity Solutions

Key Benefits

ID and Identity Verification. We offer versatile OCR for ID cards, business documents, payslips, utilities and more. Utilizing government data sources & AML lists, we ensure robust verification. Our video onboarding handles internet issues, while real-time feedback enhances conversions.
Stop Fraud with our Anti-Risk and AML Solutions. Verify in real-time with our in-house solutions. Our database can help prevent banned users, and duplicate accounts, or even enable face-based login! Run KYC + AML checks with configurable fuzziness logic, deceased flags, data sources, etc.

“IDfy plays a great role in innovations, making hit-and-try experiements possible, due to the platform’s capability to quickly conduct KYC and verification of merchants.”
AMIT KURSEJA, HEAD OF MERCHANT ACCEPTANCE AT AMAZON PAY

IDfy Helps Businesses Connect With the Real

The digital economy runs on trust. After all, you do need to know who you’re dealing with. IDfy helps with that.

Specifically, IDfy’s video platform and many APIs help companies:

Identify people (does Jane Doe exist?)
Verify credentials (do the details belong to Jane Doe?)
Assess the risk of fraud (has Jane Doe committed fraud or is she likely to commit one?)
IDfy’s APIs use AI/ML algorithms to extract information from documents, check for tampering, verify ID details against official databases, compare faces across pictures, and run checks on criminal records.

Since its inception in 2011, IDfy has impacted more than 150 Million lives. Today, it runs 60 million plus verifications for 1300 clients across India, South East Asia, and the Middle East every month.

Resources

About IDfy

Services
Document Validation – ID cards, business documents, payslips, utilities and more
OCR Extraction
Government Database verification, for both individual ID card and business document verifications
Face Match (You can check the person’s ID against their ID card uploaded IDfy also runs checks against corresponding sources/Databases)
No-code Platform, which allows you to go live with us faster with zero friction for end users.
Countries Supported
- Indonesia
- Philippines
- Singapore
- Saudi Arabia
- Dubai
- Egypt

Xapien

Written by Amy Sariego on 5 Jul, 2023. Posted in Partners. No Comments on Xapien

Partners

Xapien

Xapien – Stop searching. Start knowing.

Key Benefits

Highly skilled analyst work, at speed and scale. Xapien is a simple-to-use AI platform for anyone who needs to truly know their customer. It delivers comprehensive, executive level EDD reports in minutes not days, delivering consistency across teams and enabling rapid decisions.
Truly know your customer. Xapien’s AI goes beyond watchlist screening, scouring the length and breadth of the internet, reading and analyzing millions of sites, records and articles on your behalf. So you can truly know your customer.

“With Xapien, a day’s worth of research takes 12 minutes. Compliance is now the business enablement department, rather than the business prevention department.”
ALEX NASH, MLRO AT GRIFFIN

Identify Risk, Accelerate Trust, Engage Faster

It is currently difficult, expensive, and time-consuming to gather meaningful and relevant information on who you do business with. Existing risk and compliance tools rely on data sets and cover tick-box compliance, but don’t provide insight. Xapien is a simple-to use online platform that fully automates online research so you can make sound, fact-based judgements. Xapien reads and analyzes information from millions of disparate online media, news articles, leak sites, corporate records, and more, so you don’t have to. You’ll receive meaningful insights, set in context. Simply enter the name of your subject, some brief context and press Go. In minutes, you will have an executive-level report.

Xapien works around the clock, in any language, making thousands of decisions, so you only have to make one.

Resources

About Xapien

Services
Fully automated EDD reports on individuals and organisations
- Executive level reports in minutes
- Real-time live data
- Beyond watchlist screening
- Cloud-based SaaS solution – no integration costs
- 130 languages auto-translated
- Adverse media screening
- PEPs and Sanctions screening
- 0.5 bn corporate records
- 1500 watchlists
- 140 jurisdictions
- 35 trn web pages
Regions Supported
- Global

Digital Matrix Systems (DMS)

Written by Amy Sariego on 12 May, 2023. Posted in Partners. No Comments on Digital Matrix Systems (DMS)

Partners

Digital Matrix Systems (DMS)

Improved Business Outcomes through Data Access and Analytics

Key Benefits

Centralized connectivity to credit bureaus and alternative data. Data Access Point® provides centralized access to data sources in a standardized and normalized format. Clients can easily add data sources as business needs evolve to support the entire customer life cycle.
DMS Summary Attributes® consolidate credit information for easier analysis. Over 2,600 tri-bureau attributes reduce redundant data while providing complete coverage of the consumer credit file. Increased predictive power is delivered through new analytic concepts that accommodate a broad range of scenarios to evaluate creditworthiness.

Leverage the Power of Data: Data Management and Analytics

Data drives your business. Leveraging the right data can improve efficiency, increase profitability, and enhance risk management. For over 40 years Digital Matrix Systems (DMS) has helped banks, credit unions, auto finance lenders, and insurance companies extract value from data so they can make the best-informed decisions for their business. We provide connectivity to the credit bureaus and alternative data providers. In addition, we help power the analytics and processes that you need for marketing, loan origination, collections, dispute resolution, fraud mitigation, risk management, and many other critical business activities.

Resources

About Digital Matrix Systems (DMS)

Data Access Point® provides centralized access to credit and alternative data sources
- Auto
- Credit
- Commercial
- Fraud/ID
- Geospatial/Location
- Property
Countries Supported
- United States
- Canada

Enable Banking

Written by Amy Sariego on 21 Apr, 2023. Posted in Partners. No Comments on Enable Banking

Partners

Enable Banking

Enabling the Future of Open Banking

Key Benefits

Get Access to 2600+ Banks Across Europe. With our easy-to-use connectivity engine, you will be able to quickly connect to banks’ (ASPSPs’) official APIs all over Europe, without having to worry about the complexity of supporting thousands of different integrations.
Stay Fully in Charge of Your Customers’ Data. Sending everyday letters or parcels, most people don’t spend much time considering what delivery service to use. But what about exclusive jewellery? A painting? Your customers’ financial data is amongst the most valuable packages of information they could ever trust you with. We are the safe and secure information passageway, enabling the future of financial services – without ever using your customers’ data.

“We have a great realtionship with Enable Banking and there is a high velocity in the process. They are super nice, very helpful and professional in their way of working.”
MINH-KIET VUONG, PRODUCT MANAGER AT ZERVANT

Why Enable Banking?

Our hands-off open banking API connects you to over 2,600 European banks. With us, you can fully focus on:

Your Creativity: Never worry about connectivity again. Create innovative cross-border solutions on your own terms.
Your Expansion: Expand internationally and scale your business. We’re constantly growing too!
Your Data: Your data is yours to use as you please, with complete confidence that your data provider will never tamper or use it in any way.
Your Risks: Leverage our APIs – e.g. for credit scoring purposes – in order to proactively manage credit risks.

Resources

About Enable Banking

Services
- PSD2 AIS APIs
- Banking API
- Credit Rating
- Automated Bookkeeping
- Cloud-Native Core Banking
- And More
Regions Supported
- EMEA
- EEA

Railz

Written by Amy Sariego on 18 Apr, 2023. Posted in Partners. No Comments on Railz

Partners

Railz

The Railz API: Building a Future of Data-Powered Finance

Key Benefits

Real-Time Financial Analytics at Your Fingertips. Railz offers real-time SMB financial data and analytics for informed investment decisions. With accurate data, financial institutions can assess creditworthiness and provide valuable services to SMB clients, using accurate, up-to-date data.
Transform your Financial Analysis with Streamlined Efficiency. Railz streamlines SMB financial analysis for efficient data collection, underwriting, and product launches. It saves time, reduces errors, and offers clients a seamless experience.

“Our bank partners love that we have access to real-time accounting data. That was huge in getting a credit facility.”
ZACH JOHNSON, FOUNDER & CEO AT DASH.FI

The Future of Finance Needs Access to Financial Data

Railz: Revolutionize financial services with the largest financial data network in the world.

Railz solves challenges faced by financial institutions in obtaining high-quality financial data for SMBs. We provide one access point for normalized SMB financial data, collected from multiple sources including accounting, banking, tax, and commerce. Railz offers unique features and tools including Railz Credit Score™, Railz Accounting Accuracy Score (RaaS™), cash flow forecasting, benchmarking, and real-time analytics visualization. We help FIs make fast and calculated decisions in lending, business financial management, payment reconciliation, and insurance. Railz normalization process ensures that data is organized, standardized, and up-to-date, making it easy for FIs to safely make informed decisions.

Resources

About Railz

Services
- Railz API: connects to all major accounting service providers like QuickBooks, Netsuite, Xero, Banking via Plaid, and E-Commerce such as Shopify & Square.
- Lending: optimize credit approval and monitoring process and streamline loan origination and servicing.
- Valuation and Forecasting: business valuations, cash flow forecasting.
- Railz Credit Score™: A modern business credit score
- Accounting Accuracy: Railz accounting accuracy Score (RaaS™) measures accuracy of accounting data when overlaid with banking data.
- Benchmarking: Financial ratios by market, geography, age of business
- Railz Normalization: Makes sense of messy financial data across commercial customers in real-time.
- Railz Dashboard™: Configurable dashboard that provides highlights and insights to build customized dashboards.
- Railz Visualization SDK: a collection of standardized web components to build customized financial dashboards and develop the next-gen of embedded finance products.
- E-commerce Integration: integration with Shopify and Square: Pull e-commerce data directly into your application to help reconcile and keep financial records up to date.
Regions Supported
- North America

Brankas

Written by Amy Sariego on 24 Mar, 2023. Posted in Partners. No Comments on Brankas

Partners

Brankas

Brankas – Leading Open Finance Technology Leader

Key Benefits

Instant Multi-Bank Integrations with Brankas Data APIs. Let users connect their bank account to your platform, giving them faster access to their data and a better experience.
Capture Data Intelligently and Interpret it Faster. With quicker access to reliable data, you can personalize your customer’s experience depending on their wants and needs.

“Our partnership with Brankas allows us to help clinics in Indonesia finally move into a digital future that can make healthcare easier and more available for everyone. We are excited for the future of healthcare.”
OGY WINENRIANDHIKA, CO-FOUNDER & CEO AT KLINIKGO

Brankas – Leading Open Finance Technology Leader

Brankas helps businesses unlock modern financial services with market-leading technology. We have the largest network of bank APIs in Southeast Asia. We are also the only company invested in both API aggregation, which helps online businesses connect digitally to banks, as well as financial and payment infrastructure, which help banks and financial institutions monetize their banking platforms.

Resources

Visa Card Data Product

About Brankas

Services
Account Opening
Open Core
Open Finance Suite
Merchant Link
Brankas Direct
Brankas Disburse
Brankas Bank Data
Profiles and Scores
Life-centric profile
Financial health profile
Life-centric credit score
Other risk scores
Custom Solutions
Score card development
Model development
Design AI strategies and roadmaps for and with boards and management
Education and training on AI for co-workers
Countries/Regions Supported
Indonesia
Philippines
Vietnam
Thailand
Malaysia
Bangladesh
EMEA

MKTplace-use case: Commercial Credit

AperiData

Harnessing Open Banking to Revolutionize Credit Decisioning

Key Benefits

The Real Time Credit Reference Agency

Resources

About AperiData

Services

Regions Supported

AdviceRobo

Dynamic Personality Data for BNPL and SME Credit Decisioning

Key Benefits

AI-Driven Solutions to Improve Your Underwriting

Resources

About AdviceRobo Services

Proprietary Personality Data

Profiles and Scores

Custom Solutions

Regions Supported

Trustfull

Make Better Risk Decisions with Digital Footprints

Key Benefits

Make Better Risk Decisions with Digital Footprints

Resources

About Trustfull

Services

Regions Supported

AIForesee

AIForesee – Pioneering Innovative MSME Score for the Productive Segment

Key Benefits

AIForesee – Pioneering MSMEs Innovative Credit Score

About AIForesee Services

Generic Score Product

Data Aggregation Features

Project

Countries Supported

IDfy

Trusted AI for Secure and Seamless Identity Solutions

Key Benefits

IDfy Helps Businesses Connect With the Real

Resources

About IDfy

Services

Countries Supported

Xapien

Xapien – Stop searching. Start knowing.

Key Benefits

Identify Risk, Accelerate Trust, Engage Faster

Resources

About Xapien

Services

Regions Supported

Digital Matrix Systems (DMS)

Improved Business Outcomes through Data Access and Analytics

Key Benefits

Leverage the Power of Data: Data Management and Analytics

Resources

About Digital Matrix Systems (DMS)

Data Access Point® provides centralized access to credit and alternative data sources

Countries Supported

Enable Banking

Enabling the Future of Open Banking

Key Benefits

Why Enable Banking?

Resources

About Enable Banking

Services

Regions Supported

Railz

The Railz API: Building a Future of Data-Powered Finance

Key Benefits

The Future of Finance Needs Access to Financial Data

Resources

About Railz

Services

Regions Supported

Brankas

Brankas – Leading Open Finance Technology Leader

Key Benefits

Brankas – Leading Open Finance Technology Leader