One PSD2 compliant platform, endless opportunities.
What will you build with Tink?
Use cases for each stage of your customer journey, built on Tink's open banking platform.
Simplify your onboarding
Simplify the process
Increase approval & payback rates
Limit risk and increase revenue
Verify correct bank accounts
Own the complete experience
Sales through personalisation
Engagement through goals
Be indispensable to your customers
Get the tools, resources, and guides you need to build great open banking experiences.
Find out how fintech company Nordigen is leveraging financial data to help banks and lenders improve the speed and accuracy of their credit decisions.
In part one and two of this series, we looked at the 'what' and the 'why' of enhanced credit scoring, discussing the benefits to consumers and businesses. In this third and final piece we dive into the ‘how’ – showcasing the tech behind the solution.
In the first part of this series, we’ve gone through the 'what is' of our enhanced credit scoring solution. In this second article, we’ll dive into the ‘why’ – the concrete benefits it brings, and how it can positively affect consumers’ lives.
The way our enhanced credit scoring solution works is quite simple: Tink gives you access to real-time financial data, as well as insights into spending behaviours so you can feed your credit scoring models. This results in a quick, reliable credit or risk assessment – so customers can get a better experience, and businesses can minimise risks.
When looking at the fast-growing lending market in Sweden, Moank could see an opportunity to give more customers a fairer lending decision by mixing industry-leading tech with a personal touch. How are they doing this? By partnering with Tink to build a more inclusive credit scoring process, and encouraging employers to get involved.