MKTplace-use case: Consumer Credit

Digital Matrix Systems (DMS)

Written by Allison Karavos on May 12, 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 Allison Karavos on April 21, 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

Brankas

Written by Allison Karavos on March 24, 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

WISE AI

Written by Allison Karavos on February 21, 2023. Posted in Partners. No Comments on WISE AI

Partners

WISE AI

WISE EKYC – an AI-Powered Identity Verification Solution

Key Benefits

Instant identify verification and authentication in under three minutes. Transform identity verification with WISE EKYC, an AI-powered technology that delivers a fast and seamless customer experience. Say goodbye to time-consuming and manual onboarding. Experience effortless identity verification in under three minutes.
Lower cost with enhanced security. With WISE EKYC, companies can achieve lower costs and enhanced security in their onboarding processes by eliminating human verification costs, while AI can provide a more secure solution. Say goodbye to expensive manual processes – choose eKYC for a cost-effective and secure solution.

“We have no doubts about WISE AI, and we encourage industry players to explore what WISE AI can offer to their ecosystem.”
RICHARD KER, HEAD OF INNOVATION & INDUSTRY DEVELOPMENT AT CYBERVIEW SDN BHD

Empowered Organizations with AI-Powered Identity Service

Expertise with proven business use cases in Financial Institutions, Fintech, Government Services, Education, Certificate Authority and many more
Technology house with the ability to localize the technology and the processes to meet the regulations and policy needs
Technology is verified and tested by NIST from US, National Institute of Standards and Technology
The solutions comply with the regulations and policies under the central bank of Indonesia and Malaysia
Covering over 190 countries, national IDs and Passport

Resources

About WISE AI

Services
- WISE EKYC
- WISE ID Document OCR
- WISE Liveness
- WISE ID Fraud
- WISE Face Compare
Regions Supported
- APAC
- Malaysia
- Indonesia

Nova Credit

Written by Allison Karavos on January 27, 2023. Posted in Partners. No Comments on Nova Credit

Partners

Nova Credit

Expand Your Credit-Eligible Universe

Key Benefits

Unlock new markets and optimize funnel conversion. Access trusted financial data to open new consumer segments, offer new products, and create loyal customers for life — all while maintaining your risk profile. Minimize your acquisition costs by optimizing your funnel conversion rate. Consumer-permissioned data gives you the confidence to approve more of the people that you’ve already attracted to your product offering.
Reduce portfolio risk and automate income verification. Respond to uncertain economic conditions and develop loss avoidance strategies by improving your risk assessment with up-to-date credit risk information. Automate your income verification processes with Cash Atlas™ and reduce time to fund. This solution helps increase applicant conversion rates, reduce manual intervention to review document uploads, and improve visibility into debt-to-income ratio and true income.

“We’re removing a barrier for millions of newcomers to the U.S. who arrive and instantly lose access to the credit history they built elsewhere.”
ATUL RANJAN, VICE PRESIDENT OF NEW ACCOUNT UNDERWRITING AT AMERICAN EXPRESS

Building a Fair and Inclusive Financial System for the World

Nova Credit is a consumer-permissioned credit bureau that helps businesses make more fair and informed decisions on millions of ‘thin file’, no credit history, or new-to-country applicants. The Credit Passport® unlocks cross-border credit bureau data to help businesses underwrite new-to-country newcomer populations. The Cash Atlas™ provides greater insight into the cash flows of any applicant, including verifying their income with greater precision than alternatives. Businesses use these products to approve more applicants without taking on more risk, and consumers are empowered to put their best foot forward in their applications.

Resources

About Nova Credit Services

About Nova Credit

Services
Credit Passport®: The only way to help approve qualified immigrants for mainstream credit. Credit Passport® gives businesses the ability to assess the creditworthiness of U.S. newcomers to issue financial products like credit cards, loans, phone plans, and more. Our solution provides access to international credit data that’s translated in real time to a standardized credit report.
Cash Atlas™: Improve credit risk assessment using bank transaction data. Cash Atlas™ helps businesses improve risk prediction for thick-file consumers and expand credit access to thin-file and no-file consumers. Leverage consumer-permissioned bank transaction data to layer affordability on top of existing underwriting models.
Regions Supported
Global

APLYiD

Written by Allison Karavos on January 27, 2023. Posted in Partners. No Comments on APLYiD

Partners

APLYiD

World-Class 30 Second KYC Through Biometric AML Checks

Key Benefits

KYC & AML verification software. Taking KYC to new levels with Face Match, Liveness and OCR of 16,000 global government documents. Reduce your fraud and customer drop off with the world’s most reliable biometric technology.
UK’s broadest coverage of consumer data. Supercharge your verification rates with the largest data of consumers in the UK.

“Since implementing APLYiD solution we’re now seeing a 35% uplift of customers moving through our onboarding process.”
MARK BALICH, HEAD OF PRODUCT AT LATITUDE FINANCIAL SERVICES

AML and KYC: Building the Best Customer Experience

APLYiD brings to the market, the fastest, most reliable, trusted biometric technology to verify your customers identity for AML compliance. APLYiD specializes in advanced biometric ID verification technology. Our SaaS solution provides a simple, superfast biometric ID match and check service that complies with regulatory legislations in every country in the world.

About APLYiD

Services
Face Matching
Liveness
AML Checks
PEP & Sanctions Checks
Regions Supported
United Kingdom
Australia
New Zealand

Tartan

Written by Allison Karavos on December 22, 2022. Posted in Partners. No Comments on Tartan

Partners

Tartan

Real-Time Income, Employment Verification of End Users

Key Benefits

Making Income and Employment Verification Seamless. Using income and employment data, lenders know more about their users and club with other data sources to develop a holistic credit profile. Get 60+ data points in a standardized format from the HRMS system.
Ten times reduction rate in end user journey TAT. Make use of multiple data points to pre-fill the end-user journey, which means less time spent by end users to input details without uploading numerous documents—leading to fewer user drop-offs and a seamless onboarding journey.

“Working with TartanHQ has helped us fetch and verify end users’ income and employment data in real time, making our underwriting model quicker and enabling better decisions.”
ASHWIN, PRODUCT LEAD, M2P

One-Click Access to Work Data From the Source-of-Truth

With Tartan’s payroll and workforce connectivity and digital identity APIs, we are making the process of employment and income verification seamless and credible using technology.

We enable businesses like digital banks, lenders, insurance, upskilling, tax platforms, and marketers to create and distribute products efficiently by partnering with HRMS, HRIS, work platforms, and payroll service providers.

We truly believe in financial inclusion for all and solve for multiple categories across salaried, freelance and gig workers. With the help our payroll APIs, our customers are able to target new segments, reach broader geographies and enter new markets.

About Tartan

Services
- Payroll pull
- Payslip OCR
- Work history verification
- Identity verification
- Utility verification
- Vehicle verification
- Financial Verification
Countries Supported
- India

Smile API

Written by Allison Karavos on December 12, 2022. Posted in Partners. No Comments on Smile API

Partners

Smile API

One Trusted Source for Employment Data in Asia

Key Benefits

Access to Employment Data through one API. Smile API provides user-authorized access to recent, comprehensive, verified employment data that is accessible in real-time from employment documents, HR and payroll systems, gig economy platforms, and social security systems through a Singe API.
Make better credit decisions, increase conversion, reduce risk. Unlike traditional sources of credit data like credit scores, blacklists or submitted documents, we provide greater coverage, real-time access, and the most recent, comprehensive, identity and employment data that is available in the market today.

Smile Provides Employment Data Across Platforms and Employers, all Through a Single API

We are building infrastructure for alternative credit data by allowing borrowers to easily share their employment and income information to lenders. We aggregate and unlock previously siloed employment and income data coming from employment documents, HR and payroll systems, gig economy platforms, and government systems. Everything is done in real-time and with their consent.

Resources

About Smile API

Services
- Capture and verify a user’s identity including their name and contact information
- Capture and verify income and employment data in seconds. Retrieve them straight form the source, as well as receive other historical employment data included in their file.
- Get access to other alternative credit data points to better assess your user’s credit worthiness such as their gig transaction data, performance ratings, insurance contributions and outstanding liabilities.
- Automatically capture of data from scanned or photographed employment documents
Countries Supported
- Philippines
- Indonesia
- Singapore

Mastercard

Written by Allison Karavos on December 9, 2022. Posted in Partners. No Comments on Mastercard

Partners

Mastercard

Smarter Data for Payments, Account Opening and Lending

Key Benefits

Better Data. Better Connections. Whether you’re seeking data from one of the largest financial institutions or the smallest credit union, Mastercard has you covered. Our connections cover 95% of all deposit accounts in the U.S.
Tomorrow’s Payments Begin with Mastercard Open Banking Data. We power apps and services with open banking data to underwrite and lend smarter, simplify and derisk payments, open and fund accounts and drive SME innovation. Scale quickly and create unique financial experiences with Mastercard.

“Mastercard’s open banking platform takes care of bank connections and allows us to focus on our mission of building the credit card of tomorrow.”
ALTERNATIVE CREDIT FINTECH

Trusted Data for Fintech Lending and Payments Innovation

Mastercard is a global technology company for lending, payments and account opening. We enhance access to capital by providing digital verification of income, assets and employment. Through our open banking platform, we drive an inclusive, digital economy that benefits everyone everywhere. We make transactions safe, simple, smart and accessible, reducing risk in payments through account owner verification, balance check and routing optimization. Mastercard’s consumer-permissioned data powers innovation with connections to the top FIs, wealth management, student loan and payroll providers. We partner with innovative financial institutions, lenders and fintech providers to give consumers and small businesses a leg up in a complicated financial world, helping to improve financial literacy, expand financial inclusion and ultimately lead to better financial outcomes.

Resources

About Mastercard

Services
Open Banking Data for Lending (card, mortgage, auto, personal, small business, tenant screening).
Open Banking Data for Payment Enablement (account verification, account-to-account payments, peer-to-peer payments, Buy Now, Pay Later).
Account Opening (account funding, identity, privacy).
Open Banking Data for Small Business (lending, payments and accounting/expense management).
Regions Supported
North America

Think360.ai

Written by Allison Karavos on December 6, 2022. Posted in Partners. No Comments on Think360.ai

Partners

Think360.ai

Think360.ai – Accelerating Intelligent Transformation

Key Benefits

Algo360: Alternate Data and AI-Powered Credit Scores. Algo360 is India’s largest AI-driven alternate credit score solution that provides lenders with 1000+ alternate data points to gauge the creditworthiness of individuals. Algo360 enables financial institutions to extend credit offerings to the underserved population.
Kwik.ID: Digitally Onboard Your Customers, Kwikly. Kwik.ID is an AI-backed customer onboarding and video KYC solution. It provides secure, compliant, and customizable digital onboarding. Kwik.ID has onboarded over 300,000+ remote customers with an NPS of 95+.
AAmaze: Enabling the Account Aggregator Ecosystem. AAmaze is a TSP licensee enabling the AA ecosystem, with a bank statement analyzer and personal finance solution. AAmaze’s AI-powered platform deep-dives into the rich open data framework, to support cash flow-based lending, custom savings, and money management solutions for customers (even those with no prior credit history), including both MSMEs and individuals.

“Think360.ai has helped us unlock the power of alternate data and design a seamless customer journey. We’re able to underwrite a lot better now compared to using only traditional forms of data like bureau reports. As a result, we have been able to expand our customer base and lend to new to credit borrowers with confidence.”
ABHISHEK UPADHYAY, NAVI

Think360.ai – Full-Stack Data Science and AI Firm

Think360.ai is a full-stack data science and AI firm with market-leading products, solutions and advisory services, founded in 2014.

Their offerings include Algo360 (India’s largest alternate credit score), Kwik.ID (best-in-class video KYC and customer onboarding solution), FlowXpert (low-code partner management and API management solution), and a modular modern underwriting stack (with advanced AI/ML risk modeling, multi-data parser, credit policy design, Business Rule Management System, and Risk-based pricing solutions). Think360 has been a bootstrapped, profitable, and high CAGR organization since its inception, and has worked with industry giants like Bank of Baroda, Bajaj Finance, Aditya Birla Finance, IDFC First Bank, Navi Technologies, BharatPe, RBLamong others.

Think360 is on a mission to “Accelerate Intelligent Transformation” through “Ideas powered by data.”

Resources

About Think360.ai

Services
- Algo360
- Kwik.ID
- AAmaze
Countries Supported
- India

Book a Meeting

MKTplace-use case: Consumer Credit

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

Brankas

Brankas – Leading Open Finance Technology Leader

Key Benefits

Brankas – Leading Open Finance Technology Leader

Resources

About Brankas

Services

Profiles and Scores

Custom Solutions

Countries/Regions Supported

WISE AI

WISE EKYC – an AI-Powered Identity Verification Solution

Key Benefits

Empowered Organizations with AI-Powered Identity Service

Resources

About WISE AI

Services

Regions Supported

Nova Credit

Expand Your Credit-Eligible Universe

Key Benefits

Building a Fair and Inclusive Financial System for the World

Resources

About Nova Credit

Services

Regions Supported

APLYiD

World-Class 30 Second KYC Through Biometric AML Checks

Key Benefits

AML and KYC: Building the Best Customer Experience

About APLYiD

Services

Regions Supported

Tartan

Real-Time Income, Employment Verification of End Users

Key Benefits

One-Click Access to Work Data From the Source-of-Truth

About Tartan

Services

Countries Supported

Smile API

One Trusted Source for Employment Data in Asia

Key Benefits

Smile Provides Employment Data Across Platforms and Employers, all Through a Single API

Resources

About Smile API

Services

Countries Supported

Mastercard

Smarter Data for Payments, Account Opening and Lending

Key Benefits

Trusted Data for Fintech Lending and Payments Innovation

Resources

About Mastercard

Services

Regions Supported

Think360.ai

Think360.ai – Accelerating Intelligent Transformation

Key Benefits

Think360.ai – Full-Stack Data Science and AI Firm

Resources

About Think360.ai