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MKTplace-use case: Commercial Credit

Finagraph

Written by Amy Sariego on . Posted in Partners. No Comments on Finagraph

Partners

Finagraph

Finagraph’s Strongbox Product Provides Decision-Ready Financial Intelligence from Business Accounting systems

Key Benefits

  • A simple connection experience for your customers. With APIs, the ready-for-use Strongbox widget, or a white-label experience, Strongbox makes it easy for your business customers to connect their accounting system for initial underwriting or loan monitoring.
  • Instant, decision-ready outputs for your credit team. Strongbox’s intelligent data pipeline transforms data with over 40 unique operations across four categories: normalization, validation, enrichment, utilization. The result is ready-to-use, reliable data outputs that can go right into your decisioning model.

“Strongbox is a breakthrough tool we use to better understand customers and deepen that relationship by providing a secure, simple, and easy way for customers to share their information.”

DUANE GOOD, PRESIDENT & COO OF TRIBAL CREDIT

Strongbox Transforms Data into Actionable Intelligence

When a lender wants to improve underwriting speed and loan portfolio performance, they turn to Strongbox.

Through a seamless connection process, borrowers can instantly send all financial statement data required for initial loan underwriting or ongoing monitoring.

Inside the Strongbox Intelligent Data Pipeline, each set of financials is standardized to your unique financial statement presentation, validated and enriched with lending metrics and trend analysis in seconds.

Lenders across the world trust Strongbox to consistently deliver quality financial data to protect their portfolio and grow margins and the bottom line.

Strongbox is built by the Finagraph, a team with 11 years of experience decoding accounting system data and working with lenders to build outputs that are decision-ready and have a high-impact for credit and risk teams.

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About Finagraph

  • Services

    • Accounting System Connections – Integrations with the most commonly used systems by SMBs.
    • Data validation – A comprehensive set of 50+ checks to uncover missing or questionable financial data.
    • Intelligent Mapping – Business financial statements automatically mapped to your configured chart-of-accounts.
    • Comprehensive Analysis – Ratios, trending, vertical + horizontal analysis, cash flow, and more.
    • Cash Flow – A detailed cash flow statement and analysis built from transaction-level data to analyze risk.
    • TaxReader Add-on – In addition to accounting system data, accept borrower tax returns (business or personal) auto-mapped for decisioning.
    • Concierge-level support – Our team is dedicated to your success, providing implementation assistance, support, and training.

  • Countries Supported

    • United States
    • Canada
    • Australia
    • New Zealand

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Yoti

Written by Amy Sariego on . Posted in Partners. No Comments on Yoti

Partners

Yoti

Robust, Flexible KYC and AML Solutions

Key Benefits

  • KYC solutions – get genuine customers through faster. No matter your company’s size, we’re here to make verifying customers easier for you. Our customizable verification tools give you the flexibility you need to deliver the perfect balance of speed and fraud prevention.
  • Enhanced KYC and AML checks. Complete KYC and AML checks in one integration. We offer additional checks for more robust customer integration including proof of address with a supporting document, third party data checks and AML watchlist and ongoing screening.

Verification for a Digital World

We created Yoti to give individuals a simple way of proving who they are, online and in person. We verify users to the highest security standards, using a flexible combination of world leading AI and expert security personnel according to your risk profile.

About Yoti

  • Services

    KYC

    • Data extraction
    • Document authenticity
    • Liveness
    • Facematch
    • Reusable digital identity
    • In person KYC checks (UK only)

    AML

    • PEPs and sanctions watchlists
    • Adverse media
    • Ongoing monitoring

    Age Verification

    • Facial age estimation
    • Reusable Digital ID

    eSigning

    • Authentication

  • Regions Supported

    • Global

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Algoan

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Partners

Algoan

Assess Consumers’ Affordability in Real-Time with Open Banking Scoring

Key Benefits

  • Accelerate your time-to-yes! Provide your risk teams and customers a fully digitized experience and get back instantly to your applicants thanks to Open Banking Credit Decisioning.
  • Better risk management decisions. Algoan’s credit decisioning solutions will enable you to accept up to 40% more applicants while maintaining your risk at the same level. Conversely, halve your risk while keeping the same acceptance rate.

Credit and Payment Scoring for Fairer Affordability Assessment

Algoan is a French Fintech that aims to revolutionize the credit sector in Europe through the power of Open Banking. The Fintech innovates at all stages of the credit lifecycle by relying on state-of-the-art proprietary technology. With its Credit Decisioning Open Banking solutions (decisioning engine based on secure sharing of borrower’s bank data), acceptance rates and risk management are significantly improved. In fact, Algoan’s solutions result in a much finer risk analysis than traditional methods and allow many borrower profiles that would normally be rejected to be accepted, with a controlled risk (GINI score up to 80%).

Take informed credit decisions to facilitate split payment, loan origination, debt consolidation, mortgage loan, car subscription/leasing or last-chance loan!

Visit www.algoan.com for more info.

About Algoan Services

  • Services

    Connect: Algoan Connect is the easiest and fastest way to incorporate the Open banking aggregation process in any customer journey to be able to leverage Algoan’s Credit Decisioning solutions.

    Credit Score: Algoan Score is a best-in-class proprietary scoring model supported by dynamic customer information based on financial behavior directly retrieved from banks rather than static and declarative data. Grow your customer base by accepting more loan requests with confidence!

    Payment Score: Behavioral score that analyses 3 months of the consumer’s transactional data (Open Banking data) and returns a simple score (ranging from 1 to 10) that helps automate BNPL origination decisions by being fairer and more responsible.

    Credit Insights: In addition to categorized data, Credit Insights provides actionable insights on top of which lenders can build their own applications and forecasting/predictive models.

    Dashboard: Access a broad and comprehensive view of your clients’ financial situation in a single interface and ramp up your credit decisions.

  • Regions Supported

    EMEA

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creditsafe

Creditsafe

Written by Amy Sariego on . Posted in Partners. No Comments on Creditsafe

Partners

Creditsafe

Global Credit Risk Data for Better Lending Decisions

Key Benefits

  • Access to the largest global business universe. Tap into the world’s largest set of business decisioning data, covering hundreds of millions of businesses globally to speed up and improve your commercial lending decision with data you can trust.
  • Unrivaled data for business and consumer identification, credit risk and fraud prevention. Seamlessly on-board new applicants with instant ID Verification, anti-money laundering, and credit checks whilst screening and monitoring your customers against global PEP and Sanction lists.

“Creditsafe’s global data coverage was a huge pull for us, it has opened new business avenues and ensures that we can on-board customers quickly and diligently.”

CREDIT MANAGER, SCANIA

Better Data, Better Decisions

Creditsafe automatically combines applicant information with credit, fraud, and affordability data, giving you a comprehensive view of your customers and the ability to automate a decision in under 60 seconds. Our database holds detailed company performance and financial data on hundreds of millions of businesses globally, trusted by companies of all sizes to speed up onboarding whilst minimizing credit risk and fraud.

Instantly verify a business, its owners and shareholders. Analyze a company’s financial and payment performance from the past five years and gain an in-depth understanding of its global hierarchy and ownership. Screen individuals against our international PEP and Sanction lists and perform comprehensive anti-money laundering checks to comply with regulations and protect your brand.

About Creditsafe

  • Products

    • Commercial credit information
    • Consumer credit data
    • Digital identity verification
    • Business bank account verification
    • Commercial banking and lending data
    • PEP and Sanction list screening
    • Anti-money laundering checks

  • Regions Supported

    This is a list of countries where we operate, however we provide data on companies worldwide.

    • Belgium
    • Canada
    • Denmark
    • France
    • Germany
    • Ireland
    • Italy
    • Japan
    • Netherlands
    • Norway
    • Sweden
    • United Kingdom
    • United States

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