The future of credit checking and digital lending: fairer, faster, secure
26 / 09 / 2023
Banks and credit lenders report abandonment rates of up to 75% during the application process leading to loss of business and frustrated customers. Worldline’s Credit Insight can help you change this situation and improve conversion in the lending market.
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 and fairer, data-driven credit assessment approach. This has clear benefits for all parties including improving customer experience.
Our Credit Insight brochure offers 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. Learn about the future of credit checking and digital lending by downloading our brochure.
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