Ability access Real-time finanical and alternate data enables lenders to boost analysis, adjust terms, and provide support before the borrower reaches a critical point in their lifecycle. This early detection can help to prevent defaults, reduce lenders' risk exposure, and keep borrowers on track with healthy portfolio. Credability’s proactive monitoring capabilities help lenders identify signs of bad financial behavior or financial distress as soon as they arise. #Banking #DigitalBanks #Lenders #OpenBanking #Categorisation #DataAnalysis #DataEnrichment #Finance #Lending #alternatedata #DataAnalytics #Fintech #AI #Affordability #TechSolutions #digitalbanking #MENA #IncomeVerification #Innovation #Bespoke #Risk #encryption #devicedata #psychometricdata
Credability
التكنولوجيا والمعلومات والإنترنت
Credability helps to get realtime insights & predictive affordability for credit and risk decisions
نبذة عنا
Credability helps to get realtime insights & predictive affordability for credit and risk decisions. Credability accelerates assessing income, estimates affordability & derive financial insights using Open Banking data. Credability utilizes best in class API driven robust architecture poised to drive innovation utilizing open banking data to provide banks, fintech, insurers & property management companies with an fairer, effective and efficient risk assessment We offer: 1. Innovative Credit Worthiness: Utilizing machine learning models, we provide forward-looking, inclusive assessments based on transactional behavior, irrespective of a consumer's credit score/report assuring fairer service delivery to your customers. 2. Comprehensive Insights: Our technology enables businesses to obtain a holistic view of their consumers' financial assets, improving the efficiency of the decision-making processes and personalizing service offerings. 4.Personalise insurance with Open Banking: Leverage the power of open banking to make customer assessments faster and more informed than ever before.Open banking holds the potential to revolutionize the insurance industry by providing richer data for decision-making, enhancing customer experiences, and enabling the development of innovative products and services.
- الموقع الإلكتروني
-
https://www.thecredability.com
رابط خارجي لـ Credability
- المجال المهني
- التكنولوجيا والمعلومات والإنترنت
- حجم الشركة
- ٢ - ١٠ موظفين
- المقر الرئيسي
- Manama
- النوع
- شركة يملكها عدد قليل من الأشخاص
- تم التأسيس
- 2024
- التخصصات
- Open Banking, AI, Fintech, Banks, Insurance
المواقع الجغرافية
-
رئيسي
احصل على اتجاهات السير
Manama، BH
موظفين في Credability
التحديثات
-
Traditional credit rating methods may disqualify persons who are new to credit, newly arrived in a nation, or work in the gig economy. Credit bureaus at time rely on established credit histories, making it challenging for people with little or no credit history to obtain financial services. Categorised bank data allows for a more inclusive financial assessment. By focussing on real transaction data and other behavioural indicators, lenders may effectively assess individuals without relying simply on credit history. This opens up more opportunity to lend responsibly to people who would otherwise be disregarded. Credability helps to identify such profiles and help reduce default risk #OpenBanking #Categorisation #DataManagement #DataEnrichment #Finance #Lending #alternatedata #DataAnalytics #Fintech #AI #Affordability #TechSolutions #digitalbanking #MENA #IncomeVerification #Innovation
-
With Credability increase efficiency, enhance security, and reduce the time required to make accurate credit decisions #OpenBanking #Categorisation #DataManagement #DataEnrichment #Finance #Lending #DataAnalytics #Fintech #AI #Affordability #TechSolutions #digitalbanking #MENA #IncomeVerification #Innovation
-
-
The ability to split payment commitments into smaller amounts indeed make purchases feel more affordable in the short term, however, as debts accumulate across multiple platforms, the overall burden can become alarming & overwhelming. Credability offers data centric solution that provides insights with real-time visibility into these financial commitments and presents comprehensive view to lenders #openbanking #lending #bnpl #splitpayments #digitalbanks #onlinebanking #financing
-
Is Data enrichment Crucial for Financial services / Lending ? In today's data-driven world, financial and lending institutions rely largely on precise and comprehensive data insights to make sound decisions. If you want to keep your consumers delighted with your financial services, you must begin by extracting value from raw data. Doing so can be difficult and time-consuming. Here's where data enrichment comes in. Data enrichment can aid in improving the accuracy of financial analysis, improving the user experience, and more. That is why Data Enrichment is a fundamental component of Credability solutions. #lending #dataenrichment #categorisation #Fintech #Credit #digitalbanks #banking
-
Absolutely thrilling conversation and excited to witness young minds thriving on SDG based Fintech initiatives. It was absolute pleasure for Credability (founder Sumeet Kulshreshth) to be alongside Fintech leaders Daleel CEO, PK ., Ahmed Albalooshi (CEO of Advantari) and Ahmad Tariq Alalwash (Founding Engineer of Receiptable) for an industrial mentorship session at Diwan Hub! last week for the Mastercard Challenge on Financial Inclusion for the SDGs. This initiative is in partnership with the Ministry of Sustainable Development, Tamkeen, and startupbahrain, spearheaded by Spring Venture Services is geared to drive the upcoming fintech wave 🚀
-
-
Say goodbye to static credit scores and static data 👋 Credability income and affordability insights are built using real-time transaction data (& alternate data), giving risk managers insights they need about prospective customers in a few seconds along with risk indicators to watch for. #lending #risk #Data #Realtime #Openbanking #digital #underwriting #creditscore #alternatedata
-
A comprehensive risk assessment process that provides your business with additional data points for decision-making will effectively reduce risk exposure while improving acceptance rates. This approach facilitates increased business opportunities with lower risk.Moreover, streamlining the application process by eliminating friction and offering a swift and convenient experience ensures that applicants are more likely to complete their applications. #business #openfinance #openbanking #lending #financing #financialservices