1 min read.
Quickly understand a customers income
By providing a view of a customer's income stability and regularity at an income source level, underwriters can easily interpret and understand income patterns, which is particularly beneficial for customers with irregular, or multiple sources of income such as contractors and gig workers.
Providing quick insights into risky spending patterns
Draw your underwriters attention to risky spending patterns such as gambling or debt collection repayments without the need to search through messy transactional data.
Automate data collection and analysis
Underwriters can spend hours trawling through bank statements to get an understanding of a customer's situation, and grouping them into essential spending and non-essential spending to build a picture of a customers net discretionary income. This process is prone to error. Automating this allows underwriters to make quicker and more accurate credit assessments.
