Enhance Your Credit Risk Management With Live Bank Data And Customer Insights

Smarter, Faster Credit Decisions With Real-Time Bank Data Harnessed Within An Intuitive Risk Management Software Package

The days of relying on aged credit data, self-asserted income or paper copies of bank statements are over. DirectID real-time financial data and insights, such as Verified Income, supplements the credit bureau report to enable faster and smarter credit risk underwriting for lenders. Applicants share their bank transaction data with you, direct from their account, through a simple online process that takes just 25 seconds. Up to 365 days of transaction history is provided through an API or reporting dashboard to support instant decisions or speed manual underwriting processes. DirectID brings Risk Management Software into the 21st century.

  • Grow your customer base profitably
  • Increase operational efficiency
  • Meet responsible lending requirements
  • Reduce loss rates and conduct sound risk mitigation
  • Reduce fraud and misrepresentation

Learn how:  Book a DirectID demo today.

Key Features

Real-time data

Real time bank statement data, direct from the bank.

 

Account Access

Connect to current/ checking, credit, savings, mortgage accounts.

 

12-months Data

Access 90 to 365 days of bank transactions.

 

Insights & Analytics

Insights and intelligence to help with decisons – Verified Income, Repayment Certainty, Best Time to Collect.

 

Non-reported Items

Information on non-reported items like sub-prime loans and non-sufficient or late fee charges.

Ongoing Access

Ongoing access or monthly refreshes to detect changes to a customer’s fin

Sample DirectID Reports

DirectID Risk Management Software, verified income
DirectID Risk Management Software, payment certainty
DirectID Risk Management Software, categorised spending

Fair Finance – DirectID Case Study

See how Fair Finance reduced manual bank statement analysis, allowing them to spend more time with clients and expanded beyond the local branch thanks to DirectID.

A Case Study of Open Banking In HCST Lending

Watch our Webinar where we present a real case study of a high-cost short-term lender that we have worked with to eliminate these pain points using Open Banking.

Other user cases.