<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=575722&amp;fmt=gif">
Collections & Credit Management

Streamline collections and recovery with Open Banking

Streamline processes gathering real-time data analytics and employ a scalable operational approach

BOOK A DEMO
src=mac-grab-isolated-1

Banks and lenders use Bud's affordability solution to bridge information sharing between customer and collections teams to drive better outcomes and support vulnerable customers

30% decrease in consultation time

Consultation times reduced and customer success improves

£4m/day in written-off debt

Reduce the £4m that is written-off daily by lenders in the UK

Affordability_Credit-Risk_2.02

How it works

Here's how Bud can help both customer and collections to share information with ease and clarity

Connect Icon
Connect
Customer connects via Open Banking to share transaction data
Enrich Icon
Enrich
Data ingested is enriched to add new metadata such as category, merchant ID, income regularity and more
Analyse Icon
Analyse
Enriched data is analysed to give advisors a clear picture of factors affecting repayments
Report Icon
Report
Flexible dashboard and static reports help collections teams to support customers with manageable repayment programmes

Why choose Bud

icon-ingest
Ingest first party data, Open Banking and physical statements
icon-best-in-class
Best-in-class categorisation models, critical for debt advice
icon-insights
Key insights like income stability
icon-compare
Compare against CRA data in one place
icon-dashboard
Configured dashboards
icon-mobile
Faster collections process with better outcomes
Financial Review Factsheet
FACTSHEET

Have informed conversations knowing your customers' real-time finances. Download the factsheet to learn more.

DOWNLOAD
Our Customers

What our customers are saying about Bud

quotemark
Importantly, the functionality Bud provides will also enable us to continue to meet our responsibilities as a responsible lender, without comprimising customer experience.
quotemark
Mike Bullock
Chief Information Officer, ANZ NZ
Anz Logo greyscale
HSBC greyscale
Dozens greyscale
2021 Beyond Open Banking Module
2021 Beyond Open Banking Report

65% of those who received a payment holiday and took out loans are reporting increased income insecurity

DOWNLOAD

 

 

Power your information sharing with Bud

 

BOOK A DEMO