Credit Risk
Credit decisions in minutes with Open Banking
Gain deeper insight with the right financial data and improve your credit decisioning model
How it works
Here's how Bud can help you make fast and informed lending decisions.
Connect
Customer connects account
Enrich
Ingested data is enriched to add meta data like category, merchant ID and more...
Analyse
Enriched data is analysed and used to pre-populate application form for the customer and provide in-depth profiling insights to the lender
Report
Credit modelling improved and analyst makes faster, informed lending decisions
Ingest first party data, Open Banking and physical statements
Best-in-class categorisation models, critical for risk analysis
Key insights like income stability and gambling expenditure
Static reports for audit and compliance
Dashboard available with customisations
Mobile (SMS) approval initiation
How-To Guide
Deliver lending decisions in minutes without increasing risk appetite. Download the Affordability How-To Guide to learn more.
Importantly, the functionality Bud provides will also enable us to continue to meet our responsibilities as a responsible lender, without compromising customer experience.
Mike Bullock
Chief Information Officer, ANZ NZ
2021 BEYOND OPEN BANKING REPORT
350,000 loans have been made to people with masked credit files including 80,000 mortgages.
