Digital lenders stand out from the crowd when they are actively invested in a customer and their journey. Credfin provides many metrics to do just that: help lenders understand their customer on a deep level. Our metrics, unique to Credfin, not only assist lenders in making good decisions around customers, but also make a customer’s …
5 Ways Credfin’s Metrics Help You Understand Your Customer Read More »
Credfin offers a range of products to digital lenders, helping them quickly solve many common affordability assessment challenges. One of our unique solutions loved by our clients and taking the digital lending world by storm, is our Enhanced Dishonour Matching (EDM). Dishonour matching is integral for credit providers to make good lending decisions and perform …
Within our payment products, Credfin offers our partners a Direct Debit solution. This solution provides lenders with the options to set their own timing, amount and frequency on customer’s loan repayments as well as checking the bank balance before processing a payment. Why we use Direct Debit Not only is Direct Debit an easy and …
Implementing Credfin’s services couldn’t be easier. Our tried and tested iFrame is suitable for all businesses, great and small. Our iframe is a secure method of embedding our frontend implementation into your own site or customer journey. It is simply an isolated container on a web page that is managed completely independently by us. Benefits …
Through Credfin’s powerful metrics, we offer accurate income detection, essential to our partners’ lending decisions. Wages and Income Detection When detecting income, Credfin’s categorisation engine is able to sort the transaction groups into the following sources of income for the bank account: This graph shows that income does not necessarily only include wages, as it …
As we wrap up on what simultaneously feels like the longest and shortest year ever, we look back on how 2021 treated Credfin. The past 12 months saw many pinnacle moments, not only in this company but also in Australia’s financial sector. Open Banking, CDR and FData 2021 was the year Open Banking really entered …
