MKTplace-use case: Commercial Credit

Belvo

Written by Amy Sariego on September 23, 2022. Posted in Partners. No Comments on Belvo

Partners

Belvo

The Leading Open Finance API Platform in Latin America

Key Benefits

Best-in-class Open Finance data aggregation and enrichment. Belvo provides the most far-reaching and robust financial API in the Latin American market, connecting and enriching data from +90% of bank accounts in the region as well as tax authorities, and gig economy companies.
Enterprise-grade security and compliance standards for Open Finance. Belvo uses state-of-the-art protocols and follows regulatory best practices to protect the security and privacy of their customers and was the first Open Finance API platform in Latin America to obtain an ISO 27001 certification.

“Thanks to Belvo, we were able to reduce Facio’s credit risk by 50%. We see Belvo as a partner for all open banking possibilities.”
SAULO TRISTAO, CEO AT FACIO

Unlock the Power of Open Finance in Latin America

Belvo is the leading Open Finance API platform in Latin America. The company enables innovative financial institutions and fintechs to access and interpret their users’ financial data to create more modern, efficient, and inclusive products. Belvo’s API currently provides connections with over 60 financial institutions in Mexico, Brazil, and Colombia and the firm already works with more than 150 clients, including some of the region’s fastest-growing leading financial companies across all verticals such as financial institutions, neobanks, credit providers, and personal finance management tools. These companies use Belvo’s Open Finance technology and platform to build reliable and secure connections with their end-users financial data, as well as interpret and enrich this information thanks to state-of-the-art machine learning models and advanced analytics to launch innovative financial services.

Resources

About Belvo

Services
Banking data aggregation API
Fiscal data aggregation API
Gig economy data aggregation API
Investments data aggregation API
Receivables data aggregation API
Regulated Open Finance aggregation API
Income verification API
Recurrent expenses API
Risk Insights API
Transaction categorization API
Countries Supported
Brazil
Mexico
Colombia

Codat

Written by Amy Sariego on September 9, 2022. Posted in Partners. No Comments on Codat

Partners

Codat

Make Faster, More Accurate SMB Credit Decisions

Key Benefits

Get smarter insights and a 360° view of your small business customers’ financial health. Assess enriches your customers’ real-time accounting, commerce, and banking data and surfaces intelligent insights you didn’t have before. Assess enriches your SMB customers’ data and produces actionable insights to help you underwrite better.
Say yes and launch new products faster. Simple and quick data sharing for business customers. SMB data in the right format, ready to be plugged into credit models. Access to real-time data with the ratios and metrics you need to launch new products faster.

“Accounting data is a critical part in making the best investment decisions for Clearco’s customers. Codat’s API allows us to quickly assess accuracy and risk while at the same time maintain our streamlined application process.”
BEN BRIDEAUX, DIRECTOR OF OPERATIONS AT CLEARCO

Codat is the Universal API for Small Business Data

Codat helps banks build deeper connections with business customers.

We offer products that make it easy to access, synchronize, and interpret data from customers’ financial software for specific use cases, such as onboarding suppliers to commercial card programs and underwriting business loans.

Codat is used by the largest banks in the world to grow share of wallet, reduce churn & scale their operations. We are backed by leading investors including JP Morgan, Canapi Ventures, Shopify, Plaid, Tiger Global, PayPal Ventures, Index Ventures, and American Express Ventures.

Resources

About Codat

Standardized Integrations
Accounting API – Connect to your SMB customers’ accounting data
Commerce API – Connect to your SMB customers’ commerce data
Open Banking API – Connect to your SMB customers’ banking data
Automate Reconciliation
Sync for Commerce – Embedded accounting integrations for PoS and eCommerce platforms
Sync for Expenses – Embedded accounting integrations for corporate card providers
Regions Supported
Global

Finvu

Written by Amy Sariego on September 8, 2022. Posted in Partners. No Comments on Finvu

Partners

Finvu

Finvu – RBI Licensed Account Aggregator for Consent-Based Sharing of Financial Information

Key Benefits

Now build financial service journeys instantly with easy onboarding. Finvu Account Aggregator is an RBI licensed NBFC Account Aggregator in India. We provide the platform that enables secure sharing of trusted data between financial institutions. API enabled secure and instant access to financial information based on customer consent.
Reduce customer drop-outs by 50% and prevent fraudulent information. Get customer financial information from multiple banks, investments, insurance, etc. instantly and securely with customer consent. Reduce your drop-outs by 50% as customers can securely share their bank statements and other asset information for loans and investment advisory. Prevents fraudulent information from being shared as the information is sourced directly from the banks and financial institutions.

APIs to Access Customer Financial Information Instantly and Securely

Use account aggregation to get access to customer financial data and provide personalized experiences for your customers. The account aggregator APIs are offered as a service and are easy to integrate.

Get periodic access to customer financial data with a single consent request. Multiple consent requests are not required as the consent architecture is flexible and allows for periodic access to data with a single consent.

About Finvu

Services
Account Aggregator services – Finvu Account aggregator service is an operational and RBI licensed AA having processed over 1M consent requests.
Onboarding solution for AA ecosystem partners (FIP, FIU) – Middleware component that helps Financial Information Providers, Financial Information Users such as Banks, NBFCs, SEBI Registered Investment advisors to onboard the ecosystem quickly.
Data analysis for bank statements – Bank statement analysis for various use cases such as lending, insurance, fraud control unit and other credit underwriting indicators.
Countries Supported
- India

Finverse

Written by Amy Sariego on September 8, 2022. Posted in Partners. No Comments on Finverse

Partners

Finverse

Access Open Banking Data Across Southeast Asia

Key Benefits

Retrieve real-time bank data across Southeast Asia. We enable fintechs and lenders to make better risk decisions by accessing real-time financial account data from consumers and businesses across Southeast Asia, covering over 40 banks and payment wallets in six countries.
Instantly understand your customers’ financial profile. Our platform returns key financial data on each linked account including real-time account balances, transaction and balance history (for up to 24 months), bank statements, account holder identity and estimated income.

“Granular transaction data on our customers is an invaluable source of understanding a potential borrower’s current income, liabilities, and ability to repay. It’s improved our detection of over-indebted profiles by 40% compared to using only self-reported and credit bureau data.”
ANONYMOUS

The Leading Open Banking Platform for Southeast Asia

Finverse provides region-wide access to consumer and business financial account data across Southeast Asia. Our API allows fast retrieval of permissioned bank data (account balances, transactions, statements, identity, income), enabling FinTechs and Lenders to build real-time risk decisions for underwriting, account opening and eKYC/eKYB. Finverse currently covers over 40 banks and payment wallets in 6 countries, including top banks in Hong Kong, Indonesia, Malaysia, Philippines, Singapore and Vietnam.

Resources

About Finverse

Services
- Account aggregation
- Bank statement analysis
- Income estimation
Countries Supported
- Hong Kong
- Indonesia
- Malaysia
- Philippines
- Singapore
- Vietnam

Dow Jones

Written by Amy Sariego on August 18, 2022. Posted in Partners. No Comments on Dow Jones

Partners

Dow Jones

Dow Jones Risk & Compliance

Key Benefits

Best-in-class structured risk data. Our proprietary risk data provides the structure, speed and flexibility needed to conduct efficient and effective customer and transaction screening for AML, sanctions and other financial crime risks.
More secondary identifiers, fewer false positives. Our screening data is enriched with additional identifying details including company and corporate identification numbers, securities identifiers and year of birth, reducing false-positives and the time wasted by your compliance team in investigating them.

About Dow Jones Risk & Compliance

Our proprietary risk data and enhanced due diligence tools provide the structure, speed and flexibility needed to conduct efficient and effective customer and transaction screening for anti-money laundering, sanctions, anti-bribery and corruption and other financial crime risk.

Our content includes sanctions and politically exposed persons (PEPs) details, as well as adverse media, high risk factors and trade compliance data.

About Dow Jones

Products
- Watchlist
- Adverse Media Entities
- State-Owned Companies
Regions Supported
Global

Decentro

Written by Amy Sariego on July 19, 2022. Posted in Partners. No Comments on Decentro

Partners

Decentro

API Platform for Banking Integration

Key Benefits

90% reduction in GTM timelines and cost. We are a one-stop platform where you can integrate with desired banking APIs and then go live within a few days. No need to run around for 5+ months to integrate with multiple banking partners to launch your products.
10x simple and seamless financial infrastructure. We are a full-stack platform, where you can select your desired modules, play in the sandbox, and launch your product with the APIs within a couple of weeks! Not only that, but we also take care of all upcoming fixes, iterations, and updates without breaking any flow.

“Decentro’s flexible and scalable APIs allow us to transform our consumer experience and also unlock many new opportunities to thrive in the neo-banking and lending space.”
ANUJ KACKER, CO-FOUNDER OF MONEYTAP[FREO]

Open Banking APIs to Launch Products 10x Faster

Decentro is an extremely easy-to-use API platform for banking integrations in India (and soon beyond). We do the hard work of tying up with legacy institutions so that you can just integrate your desired APIs and launch! We act as a full-stack platform where you can come, select your desired modules, play in the sandbox and launch your product with the APIs within a couple of weeks! Not only that, but we also take care of all upcoming fixes, iterations, and updates without breaking any flow.

Resources

Decentro Products

About Decentro

Services
- Savings Accounts
- Virtual Accounts
- Business Accounts
- Payments
- KYC + Onboarding
- Lending
- Cards
- Ledgers
- UPI Autopay
- e-NACH
- Digilocker
Countries Supported
- India
- Singapore

Pliance

Written by Amy Sariego on June 14, 2022. Posted in Partners. No Comments on Pliance

Partners

Pliance

AML Screening Automation for Modern Companies

Key Benefits

Automated PEP and Sanctions, and UBO Screening. Scale your customer onboarding with automated AML and UBO screening with fewer false positives so you can focus on your core business and growth.
Automated Monitoring. Simplify your AML workflows with our automated daily monitoring. Get notified in real time of AML status changes in your customer base.

“Safello saw a 90% reduction in false positives after switching to Pliance; we went from hours of investigations per day to minutes!.”
OPERATIONAL MANAGER, SAFELLO

Pliance – Automated AML Screening

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.

About Pliance

Services
- Global PEP, Sanctions Screening
- Nordic UBO Screening
- Automated Monitoring
- Complete customization of AML workflows
Regions Supported
- Global

Finerio Connect

Written by Amy Sariego on June 13, 2022. Posted in Partners. No Comments on Finerio Connect

Partners

Finerio Connect

Let’s Build the Future of Financial Services Together

Key Benefits

Open Finance and Data Enrichment. Allow users to instantly connect their financial accounts. As easy as creating a link or as robust as an API. Use enriched data to perform risk analysis, identify income, reduce fraud, and more.
Financial Experiences. Centralize Finerio Connect solutions in a Personal Finance Manager (PFM) or even a Business Finance Manager (BFM). Easily integrate and provide modern financial experiences. Help your users understand their personal and business finances.

“I believe in the potential of Finerio Connect to grow into one of the most important infrastructure startups in Mexico and Latin America.”
RUBEN BECERRIL, GLOBAL STRATEGY AT GIIP SURA

Products that Complement Your User Flow

Finerio started as a personal finance management platform in 2016, and in early 2020, it launched Finerio Connect, its all-in-one financial API solution. Thanks to their direct experience in the market, they quickly became one of the leaders in the Latin American financial ecosystem with products focused on Open Banking, data enrichment and personal finance management. Its mission is to democratize the best data-driven solutions for any institution in the region.

Finerio Connect currently has more than 65 clients, including some of the largest banks, neobanks and fintech in the region. Its solution receives more than 2M requests per month and is fully adapted to the needs of the Spanish-speaking Latin American market, with an API solution ready for any type of financial institution to implement.

About AdviceRobo Services

Services
- Bank Aggregation
- Data Enrichment
- Financial Experiences
Regions Supported
- Latin America

TruNarrative

Written by Amy Sariego on May 4, 2022. Posted in Partners. No Comments on TruNarrative

Partners

TruNarrative

A Complete Financial Crime, Compliance, Risk Mitigation and Customer Onboarding Platform

Key Benefits

Easy Onboarding and Smooth Transactions. With over 50 third-party data providers integrated into our app store, our sophisticated no-code platform allows you to make informed customer acquisition, transactional and business risk decisions with the full customer picture in view.
Facilitating compliance with current and future regulations. TruNarrative provides a full case management system and a comprehensive audit trail for instant recall for regulatory purposes. Our natural language rule builder and App store allows you to make rapid strategy changes and react to changing regulations and fraud trends, and mitigate risk.

“Working together with TruNarrative is helping Ikano Bank to accelerate our global digital transformation, whilst ensuring the highest levels of financial crime risk management and enables us the flexibility to quickly respond to new and emerging threats within a single technology platform.”
IKANO BANK, MICHAEL SOUTHGATE, GLOBAL HEAD OF AML AND FRAUD

Easy Onboarding, Smooth Transactions and Dynamic Risk Rating

TruNarrative’s advanced decisioning platform allows you to build end-to-end customer onboarding and monitoring journeys through a single API. Enrich application data with any of our 50+ data partners to make automated or manual decisions with the whole customer picture in view.

Orchestrate and deliver your financial crime, digital transformation, compliance and customer onboarding strategies from one single intuitive user interface. The TruNarrative solution allows you to build rules and adapt strategy in-house with our no-code rule builder, helping you react to fraud & risk trends and to remain compliant with current and future regulations.

Resources

About TruNarrative

Services
- Risk rating
- Automated onboarding
- Full case management of manual referrals
- Complete audit train
- Transactional monitoring
- Onboarding checks: IDV, document verification, biometrics, AML, PePs and sanctions
Regions Supported
- Global

Vesta

Written by Amy Sariego on April 5, 2022. Posted in Partners. No Comments on Vesta

Partners

Vesta

Secure and Seamless Fraud Protection Solutions for Digital Payments

Key Benefits

Increase approval rates. Reduce false positives. 100% payment guarantee against fraud chargebacks. Let more business in and increase revenue while protecting against fraudulent transactions. Vesta provides advanced machine learning, instant risk decisioning and guaranteed digital payments based on 25+ years of global experience in fraud analytics and fraud prevention across medium to high-risk verticals.
Account takeover and step-up authentication protection. Stop fake signups and swiftly authenticate legitimate customers. Continuous Account Verification and In-Life Account Monitoring right through the Customer Lifecycle to detect fraudulent activity, account takeover attack and policy abuse. Each module is available separately or as combined solution for maximum flexibility.

“Our customers deserve to feel secure in their shopping experience. That’s what our partnership with Vesta is all about – serving the trust, safety, and security of our customers.”
VICTOR LESMANA, PRESIDENT OF COMMERCE & FINTECH AT PT BUKALAPAK.COM

Guaranteed Transactions Backed by Global Experience

Using machine learning backed by 25 years of transactional data history, Vesta increases approvals of legitimate sales for its customers, while eliminating chargebacks and other forms of digital fraud, driving the true cost of fraud to zero and transferring 100% of the liability for fraud, including chargeback processing, so customers can focus on increasing sales.

The company is headquartered in Portland, OR (US) with offices in Atlanta, Miami, Ireland, Mexico and Singapore.

Vesta is a partner that can help drive the true cost of fraud to zero, at a global scale. We use our technology, data-science and collective know-how to enable our customers to eliminate fraud and focus on core competencies to grow their business and sales.

Resources

About Vesta

Services
- Vesta Payment Guarantee
- Vesta Account Protect
Regions Supported
- Global

MKTplace-use case: Commercial Credit

Belvo

The Leading Open Finance API Platform in Latin America

Key Benefits

Unlock the Power of Open Finance in Latin America

Resources

About Belvo

Services

Countries Supported

Codat

Make Faster, More Accurate SMB Credit Decisions

Key Benefits

Codat is the Universal API for Small Business Data

Resources

About Codat

Standardized Integrations

Automate Reconciliation

Regions Supported

Finvu

Finvu – RBI Licensed Account Aggregator for Consent-Based Sharing of Financial Information

Key Benefits

APIs to Access Customer Financial Information Instantly and Securely

About Finvu

Services

Countries Supported

Finverse

Access Open Banking Data Across Southeast Asia

Key Benefits

The Leading Open Banking Platform for Southeast Asia

Resources

About Finverse

Services

Countries Supported

Dow Jones

Dow Jones Risk & Compliance

Key Benefits

About Dow Jones Risk & Compliance

About Dow Jones

Products

Regions Supported

Decentro

API Platform for Banking Integration

Key Benefits

Open Banking APIs to Launch Products 10x Faster

Resources

About Decentro

Services

Countries Supported

Pliance

AML Screening Automation for Modern Companies

Key Benefits

Pliance – Automated AML Screening

About Pliance

Services

Regions Supported

Finerio Connect

Let’s Build the Future of Financial Services Together

Key Benefits

Products that Complement Your User Flow

About AdviceRobo Services

Services

Regions Supported

TruNarrative

A Complete Financial Crime, Compliance, Risk Mitigation and Customer Onboarding Platform

Key Benefits

Easy Onboarding, Smooth Transactions and Dynamic Risk Rating

Resources

About TruNarrative

Services

Regions Supported

Vesta

Secure and Seamless Fraud Protection Solutions for Digital Payments

Key Benefits

Guaranteed Transactions Backed by Global Experience

Resources

About Vesta

Services

Regions Supported