Open Banking: Data and Monitoring Solutions
CRIF Open Banking is a suite of solutions to evaluate customers and manage processes using PSD2 data.
CRIF open banking solution enables access to payment accounts to accelerate creditworthiness evaluations, for consumers and businesses, categorizing customer account transactions, profiling spending behaviours and revealing related development opportunities.
Thanks to CRIF ML and AI technology, financial institutions can leverage their customers’ transaction data (current account, credit etc..) with accurate categorization for specific profiling , KYC/KYB and indicators for effective risk avoidance plans and loss reduction.
The Open Banking main features are:
- Open banking
- Access to Account
- KPI calculation
- Score calculation
- Account transaction categorization
- Cash flow Indicators
- Customer portfolio risk monitoring
- Customer portfolio profiling
- Marketing intelligence insights