Financial Data & Insights
Know your customer with better data
Turn your raw data into actionable insights. Gather valuable analytics on financial performance, income statements, cash flow statements, and financial activities that can be utilized to evaluate and support the underwriting process.
Insights overview
Use our multi-purpose financial insights and reporting for various use cases in banking, lending, personal finance and more, including:
- Quickly glance at clients' income vs. expenses, as well as their debt ratio
- Risk analysis, average monthly spend, average monthly balance, number of monthly NSFs, mortgage renewal date & many more
- High labeling accuracy for attributes and zero mis-categorizations
- Easy integration that’s compatible with all major financial institutions
- Ready-to-use data in the form of trends and financial data
- Data points to identify high-risk behavior and assess credit risk, ensuring that businesses are aware of active liabilities and recent loan payments
Incorporating financial insights and KYC data into your payment processing system not only enhances security and compliance, but also improves customer experience, operational efficiency, and business growth. This strategic approach ensures a robust, secure, and customer-centric payment ecosystem.
Key Benefits of Adding Insights & KYC to your Workflows:
- Fraud Prevention: Using KYC data helps verify the identity of customers, reducing the risk of fraudulent transactions.
- Compliance: Ensures adherence to regulatory requirements, avoiding penalties and legal issues.
Income analysis
Verify sources of income, regularity, stability and amount.
- Employment information & income
- Non-employment information & income
- Income breakdown & financial insights
- Understand your users' sources of income and financial status
- Get an idea of the income trend based on financial history
- Perform affordability checks on the user
Expenses analysis
Analyze users’ spending habits, liabilities and loan repayments, based on financial activity.
- Get an idea of the expense trend based on the expense history
- Conduct mortgage, line of credit and other loan analyses using intuitive graphs and data points
- Identify NSFs to make better lending decisions and reduce credit risk
CONTACT US
Have questions?
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