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
Tink has launched Risk Signals, a rules-based engine that unlocks instant payment experiences while minimising risk – and already in use by Tink customers like Adyen.
In this webinar our Tink team of Jaia Lloyd, Varun Atrey and Kevin Ward discuss how Pay by Bank (account to account payments) can vastly improve your user journey and demo how it works.
At Tink, we’re excited about Pay by Bank. Our new, in-depth UX guide tells you how to make the most of this innovative payment solution.
Contact our team to learn more about what we can help you build – or create an account to get started right away.