Problem

Bereaus may not have the right kind of data to score for segments such as new to credit and thin-file customers. Combining insight derived from bank statement with bereau data results in deep insights, enabling bereaus widen their customer reach.

Solution

FinBit complements bereaus which are typically strong on credit data with financial insight derived from bank statements. The two different data sets can be combined to arrive at a powerful credit solution

KEY BENEFITS

Access to Comprehensive Data

Leverage a huge number of data sources comprised of an unparalleled breadth, depth, and variety of financial accounts

Wide coverage

Customized insight which helps you score even niche segments such as new to credit and thin file customers

Secure

FinBit products adhere to the highest, bank-level security, privacy, & compliance/regulatory standards

HOW IT WORKS

HOW IT WORKS

Select a Financial Institution

Consumers can select their financial insitution from the popular sites list or by searching based on a keyword

Verify Login Information

Consumers can provide the site login credentials. If required consumers are asked to provide additional authentication input.

Viewing Accounts

The details of accounts gathered are displayed. Consumers may choose to add other accounts.