Traditional methods for assessing affordability, such as national averages and credit reports, can give a limited view when trying to gain a full understanding of creditworthiness since they are backwards-looking with narrow data points. At the same time, consumers are increasingly challenged to make ends meet.
This is why we're setting out the importance of using enriched data for affordability assessments, delving into the key components of how much individuals earn and spend, and highlighting imminent regulatory changes.
Download the white paper below and you will learn about:
Assessing earnings correctly
Understanding spending habits
Getting to grips with new regulations
2024-07-17
2 min read
This Tink white paper introduces new consumer and retail banking executive research from key European markets, setting the scene for banks to take the next step with Personal Finance Management (PFM).
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2024-05-30
5 min read
Expense tracking can be detailed as well as intuitive – say hello to Variable Spend, a new feature of Tink Data Enrichment designed to help banks offer their customers more insight.
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2024-05-28
12 min read
Confident decisions, top quality reports and going to market faster are just some of the benefits Tink’s new categorisation model has for lenders – deep dive into the world of generative AI, multilingual models, and more with this guide.
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