Obii for lending
Faster and more accurate credit decisions
How open banking improves lending
Instantly verify a person’s income with secure, real-time data directly from their bank account. Onboard faster, with a fuller picture.
Reduce loan delinquency
Help borrowers increase their repayment capacity by giving them engaging tools that help them set and track budgets.
Optimise the entire loan process
Offer customers a smooth digital flow to replace slow, manual underwriting processes based on paper applications.
Instantly verify a person’s employer with secure, real-time data directly from their bank account.
Power credit and risk models
Improve the assessment process using clean and standardised transaction data to better inform risk models.
Generate pre-approvals faster powered by verified data and improved risk models.
Use Case for Lenders
Challenge: a cumbersome process
Relying on user input, documents, affordability checks takes time, comes at a cost, and provides a limited (and sometimes outdated) picture of creditworthiness. If you are looking for smoother and faster way to assess applicants’ income and creditworthiness.
Solution: seamless data flow
Using the Obii platform, loan applicants can easily connect their bank account to provide an instant and thorough assessment in just a few taps of a screen.
Lenders can now make underwriting decisions in less time – when it used to take Them hours, days even weeks.
Get in touch
Contact us now and discover Solutions that power the best customer journeys using the highest quality data.