The future of credit checking and digital lending: fairer, faster, secure
01 / 04 / 2022
What is the future of credit checking and digital lending? Banks and credit lenders report up to 75% abandonment during the application process, meaning lost business and frustrated customers. Learn how Credit Insight can help you change this 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, fairer, data-driven credit assessment approach. This has clear benefits for all parties including improving customer experience.
Download a copy of our Credit Insight factsheet. This factsheet brings 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.