Make Better Credit Decisions With Open Banking: An Insider’s Perspective
Many banks and credit institutions across Europe are embarking on the next phase of digital transformation by embracing Open Banking technology. Are you ready for it?
We interviewed thought leaders from banks and credit institutions as well as influential consultants at the forefront of the Open Banking movement in France, Spain, and Italy to learn more about just how transformative Open Banking can be for the credit industry. Their insight was unanimous. Open Banking technologies and innovations are already:
- Encouraging the credit industry to accelerate digital transformation
- Streamlining the credit decision-making process (vs traditional credit scoring)
- Creating new paths towards long-term business growth
- Transforming the customer experience beyond credit decisions alone
- Setting the foundation for a dynamic Open Finance future
But those are just the highlights.
Ready to speed up, streamline, and improve the accuracy of your credit scoring and credit lending processes?
Cutting-edge Open Finance Platform.
Powens was founded in 2012 in Paris, France as a European Open Finance pioneer in the B2B space. We empower over 260 leading financial services players to create next-gen user experiences, enable frictionless financial data and identity document aggregation, and deploy real-time payment solutions.
- 3.7M+ end-users connected in 2022
- 1.2B+ API calls per month in 2022
- €1.3B+ payments processed in 2022
Beyond Open Banking
Powens’ powerful end-to-end Open Finance platform not only makes it possible to access the most accurate financial data from multiple sources in a fully-compliant way, but it also provides solutions to streamline customer onboarding, enable credit decision-making, and automate invoicing and payments.
- Data & document aggregation solutions
- Data processing solutions
- Payment solutions
Data & Document Aggregation Solutions
Access the most accurate financial data from multiple sources in a fully-compliant way.
- Checking, savings, and loans
- Investments and crypto
- Group savings and pension plans
- ID verification documents
- Data categorization & KPIs
Data Processing SolutionsCreate engaging, completely frictionless experiences for end-users.
- Streamline customer onboarding
- Enable credit decision-making
- Make instant billing and payments
- Enrich your customer insights
Automate real-time payments and reduce unnecessary costs.
- A2A Payments (PSD2)
- SEPA Instant Payouts
- SEPA Direct Debits
- Virtual POS