What is open banking?
It opens the way to new products and services that could help customers and businesses get a better deal. It could also give you a more detailed understanding of your accounts, and help you find new ways to make the most of your money.
- Open banking is the system of allowing access and control of consumer banking and financial accounts through third-party applications.
- Open banking has the potential to reshape the competitive landscape and consumer experience of the banking industry.
- Open banking raises the potential for both promising gains and grave risks to consumers as more of their data is shared more widely.
What is PSD2 ?
The Revised Payment Services Directive (PSD2), is an EU Directive, administered by the European Commission. The PSD directive's purpose was to increase pan-European competition and participation in the payments industry also from non-banks, and to provide for a level playing field by harmonizing consumer protection and the rights and obligations for payment providers and users. The key objectives of the PSD2 directive are creating a more integrated European payments market, making payments safer and more secure and protecting consumers.
What is credit-scoring?
A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual. A credit score is primarily based on a credit report, information typically sourced from bank accounts.
Why should I rely on your analysis or predictions?
We only use the data from real time transactions which we extract from your client’s bank account. Our financial team consisting of financial advisors, financial analysts, credit analysts and accountants have defined a number of precise metrics that give a complete overview of their financial situation.
How do you send me the report?
After you send the request, we collect your client’s banking information then as soon as he/she approves the report you can see the report on your trustable bridge profile.