Open Banking Solutions for Businesses
We can help you implement seamless and reliable customer authentication at the point of application reducing effect of fraud.Find out more
Open Banking offers a real-time view of your customers finances to help you make a more accurate assessment of afforability based on a variety of income and expenditure insights. Making it easier for customers with little or no credit history to prove affordability can also increase your acceptance rates.Find out more
Using Open Banking insights we can pre-populate standard financial statements to enable much more effective income and expenditure assessments at the debt recovery stage. Saving time and inconvenience for your customers, as well as significantly reducing your operational costs.Find out more
The power of partnership
At Equifax we recognise strong partnerships can help us build true value for our customers.
Equifax in partnership with AccountScore have successfully deployed live Open Banking solutions addressing key use cases for our clients to support consumer and SME lending across all verticals.
The success of the partnership and has been recognised by multiple high-profile industry awards by demonstrating some impressive credentials, including:
This experience has enabled us to create enhanced customer on-boarding processes for our existing clients, helping them improve their customer experiences and help drive growth.
Working together we are able to combine our data assets, analytical expertise and innovative digital technologies to provide an accredited Open Banking platform which will help you commercialise the use of transaction data.