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Looking at issues such as security, potential benefits, bank switching, financial inclusion, alternative lending, better banking experiences and the likelihood of new financial products coming to market from Open Banking.
Using DirectID we can fund a loan application with confidence in the same day.
CEO, Just Us
The current process of affordability assessments is long, inaccurate, and allows for a high chance of human error. With so much physical documentation, and manual assessment required, fraud also becomes a high risk factor to every application. And adding to this, poor affordability decisions can lead to weak long-term businesses!
Don't lose business through exceptions processes or marginal applications. Supplement your standard CRA assessments with instant insights and real-time data.
Speak to a dedicated expert.