Open Banking

Open banking initiatives are developing across the globe, and both established and new lenders are developing digital capabilities such as credit decisioning based on real-time data available through open banking. These features aim to meet the diverse needs of consumers and SMEs by offering faster and easier access to flexible lending and financing options such as Buy Now Pay Later (BNPL), personal loans, mortgages, crowdfunding, leasing, asset finance and project finance.

N.E.O.S. (New Evaluation Open Suite) is CRIF's Open Banking solution that converts business metrics into key performance indicators (KPIs), and scoring models of its users and thus provides supplementary data for assessing the creditworthiness of consumers and companies in real-time. Our open banking solution empowers your business to use and benefit from the financial information to innovate and deliver customer value.

Improving Your Business Processes

With the wide spectrum of data that you will have access to with our open banking suite, your business has the following advantages:

Instant profiling for thin-files or underbanked customers.

Improved customer knowledge and effective cross-selling or upselling campaigns.

Improved acceptance rate and expanded targets segment.

Reduced application time and a better customer experience during the application process.

Key Features

Our trusted and proven open banking platform helps you evaluate customers and manage processes using PSD2 data. With our suite of solutions, you can access current and accurate customer data faster to make better business decisions.

Smooth interface for the acquisition of consents and navigation to the opening banking journey.

Strong customer authentication performed in a few steps.

N.E.O.S. first categorises transactions into categories and then analyses current account data for easier comprehension.

Instant credit scoring evaluation and KPIs developed from spending/saving behaviour patterns through proprietary algorithms and advanced analytics techniques.