Make smarter risk decisions with our comprehensive new tool

2 min read|Published July 05, 2023

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At Tink, we’re all about creating the best experiences for our customers and end-users alike. That's why we’ve added a new holistic angle when reviewing end-user statistics. This feature on the Tink Console, called Risk Decisioning, provides a consolidated risk experience that helps you enhance your affordability and risk assessments as part of your given workflow. Read on for the highlights, or log in to see for yourself.

TL;DR – Quick summary

We have introduced a new feature on the Tink Console called Risk Decisioning, which provides a consolidated risk experience to enhance affordability and risk assessments.
The feature allows Tink customers to access insights and data for risk decisioning and affordability assessment in one place, streamlining the review process.
Users can also drill down into specific criteria, such as Income Check and Risk Insights, for further analysis.

TL;DR – Quick summary

We have introduced a new feature on the Tink Console called Risk Decisioning, which provides a consolidated risk experience to enhance affordability and risk assessments.
The feature allows Tink customers to access insights and data for risk decisioning and affordability assessment in one place, streamlining the review process.
Users can also drill down into specific criteria, such as Income Check and Risk Insights, for further analysis.

Risk decisioning and affordability assessment are some of the use cases where Tink Console can provide plenty of insights and data. Risk Decisioning, which has just landed on the Console, upgrades the experience with a comprehensive view to help evaluate an applicant’s finances and risk flags.

Previously, customers using Income Check and Risk Insights would access the insights provided by their open banking flows inside the Console on separate tabs. With the new feature on the Console, all they need to do is to go to the Risk Decisioning tab to access or download reports from there. Being able to review an applicant with a consolidated risk experience is not only more practical, but also enables businesses to enhance their affordability and risk assessments on their terms if still reliant on manual handling and applicant interaction.

What’s new

In the new interface, customers will be presented with modules providing high-level reports of the risk products they use. For those with the full suite, you will be able to review highlights of a customer’s income and expenses over the last three months, as well as financial insights over the previous 12 months dependent on the customer’s history at the given bank as well as the bank's data history length.

One consolidated view, quicker risk decisioning process

Risk Decisioning viewer offers the ability to evaluate an application with all the data for assessing in one place, enabling fast and efficient decision making. Also, for those who need to review the applicant based on more specific criteria (e.g. Expense Check), they can find this by drilling down into the data on Tink Console.

Want to try it out yourself? Contact one of our representatives or submit a form to access the beta version.

CategoryProductTagsUser experience banking Lending

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