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OPEN BANKING TO RENOVATE THE CREDIT ORIGINATION PROCESS

Faster. More precisely. Fairer offers.

What are the benefits for credit institutions?

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THE PROBLEM

Reliable and accurate information is the essence of any credit process. Without it, the assessment of borrowers is more than a gamble.

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THE SOLUTION

The lending cycle can become entirely digital.
With existing technologies and PSD2 in the EU, any lender can simplify and speed up the lending process.

PRODUCTS AND BENEFITS

In the first place, the risks associated with outdated or incorrect information are reduced.
You get access to the current financial information of the borrower in seconds.
You receive evidence from a trusted source of income (salary, fees, rents, etc.).
You can easily and accurately set limits.

Borrowers will no longer be forced to go through time-consuming procedures - to go to an office to provide their bank statements, identity documents, official income notes from an employer and more.

Lenders can now see the financial situation in minutes, from a distance.
Digitization comes with the optimization of many operational processes and as a result leads to faster creation of fairer offers.


 

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Reduced costs
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Seamless integration
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Real-time payments
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Reduce online fraud
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Fully digital experience
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Direct checkout
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Improved reporting
Reduced costs
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No fees for unsuccessful and failed transactions

THEY TRUSTED OUR SOLUTION

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The IRIS Solutions team enlightens with its innovative and bold ideas, which easily transforms into working solutions with ambition and enthusiasm. With their help we opened new horizons for the development of our business and an opportunities to offer our clients new services.
Dean Vasilev
CEO Moite pari
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