top of page
Mask Group 182.png

OPEN BANKING HELPS TO MAKE MORE EFFECTIVE RISK ASSESSMENT

Reliable. Sure. Safe.
How?

Group 16991.png

THE PROBLEM

In many areas of the economy, risk assessment is an integral part of the activity. Banks, non-bank financial institutions, insurance companies, commodity lending companies, telecommunications companies, landlords and lessors, collection companies, personal finance management companies and audit companies base their decisions on a daily basis risk assessment.

THE SOLUTION

Open Banking helps by providing automatic access to bank account information, which allows for data analysis to outline user profiles and provide more personalised products. Optimises processes and reduces costs.

PRODUCTS AND BENEFITS

Through Open banking a complete financial view of the client or the contractual partner is possible. This helps reduce the risk of non-payment.

It is possible to make a complete and simple structured reliable credit check in real time.

You can easily create a comprehensive list of all actions on the account - receipts, withdrawals, purchases, etc.

Reduced risk of loan default by categorizing all critical actions on the account, in particular repayment and debt collection payments.

Thanks to Open Banking, risk analysts can anticipate and prevent risks, using better data and innovative technologies as efficiently as possible.

 

Rectangle 3018.png
Group 21151.png
Reduced costs
Rectangle 3018.png
noun_integration_3965224.png
Seamless integration
Rectangle 3018.png
noun_on time_3698300.png
Real-time payments
Rectangle 3018.png
noun_fraud_3111000.png
Reduce online fraud
Rectangle 3018.png
noun_digital_3092040.png
Fully digital experience
Rectangle 3018.png
Group 21169.png
Direct checkout
Rectangle 3018.png
noun_report_413990.png
Improved reporting
Reduced costs
Rectangle 3018.png
noun_decline_2401315.png
No fees for unsuccessful and failed transactions

THEY TRUSTED OUR SOLUTION

Ellipse 1126.png
Path 31133.png
The partnership with IRIS Solutions allowed us quickly and efficiently implement Open banking solutions and increase the satisfaction of our customers when using the mobile banking app - DSK Smart. By aggrеgating all their bank accounts in one place, they gain time, convenience and a unique customer experience. And for us, this means more satisfied customers and new opportunities for development.
Radka Papazova
Head of electronic banking and social media
DSK Bank - ОТР Group
Ellipse 1127.png
bottom of page