UK-based fintech Credit score Kudos has been chosen by cloud-based banking platform supplier Yobota as its open banking credit score bureau to boost credit score threat modelling.
The businesses state that the addition of the fintech to Yobota’s platform is anticipated to offer the latter’s purchasers with new decisioning fashions and product alternatives.
Credit score Kudos states that it’ll facilitate entry to further data than was beforehand out there to them by way of conventional credit score bureaus for the platform’s purchasers. This consists of real-time revenue and expenditure, in addition to a sign of somebody’s future liquidity. The data influx goals to extend the probabilities for purchasers to get accredited for credit score.
UK-based fintech Yobota gives a cloud-based working platform for monetary providers. It goals to permit its purchasers to create and run monetary merchandise sooner than different core banking suppliers.