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Everything you need to know about Bud.

Reach credit decisions in minutes with open banking

Businesses use Bud to provide fast, accurate affordability assessments based on enriched, real-time data about applicants. 

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Leaders building with Bud

Less Risk. More applications. Stronger decision modeling.

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Faster onboarding flows

Improve onboarding times by as much as 87% by pre-filling application forms with open banking data.

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Reduce defaults


Open banking data cuts default rates by 40-75% when compared to CRA-predicted default rates.

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Credit Risk Assessments

Fast response times – Deliver credit decisions in minutes. 98% of our users can Connect their accounts in under 40 seconds.

Accurate information – Bud's Assess product allows clients to eliminate inconsistencies associated with manual data entry with >90% of affordability fields automatically filled.  

Reduce Risk – Reduce your risk profile with up-to-date financial summaries and valuable insights like income stability and gambling spending. 

Income Finder

Income Finder

Speedy income verification for lending – We offer clients a fast, cost-efficient and more accurate way to identify income sources, including non-traditional and gig economy income streams. Income Finder can identify a wide range of income types, including salaries, benefits, pensions and irregular wages.

Collections & Credit Management

Build engagement with customers – Bud's Assess solution is flexible enough to satisfy clients' needs, whether they need just a PDF overview of an applicant's affordability criteria, or want to fully integrate smart transaction data into their processes. Our average solution deployment time is within 4 weeks of signature.

Reduce defaults and improve support – Get insights into customer circumstances before a default occurs, such as early detection of high-risk activities, timely loan repayments, and income fluctuations.

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How it works

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Connect

User connects accounts via Bud's Connect aggregation gateway.

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Enrich

Ingested data is sent to Bud's Intelligence service, where it is enriched with metadata like category, merchant ID, income regularity and more. 

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Analyse

Enriched data is analysed and used to provide in-depth profiling insights to the client.

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Report

Flexible dashboards and/or static reports are generated to help clients reach a fast and informed decision. 

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Download the Affordability guide

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OUR CUSTOMERS

What our customers are saying about Bud

“Our new partnership with Bud marks a significant step forward in our campaign for greater transparency, providing us with a wealth of insight that gives customers more power over their financial future” 

Credit Karma Logo  Ziad Al Baba,General Manager UK and Canada, Credit Karma