New Approaches to Credit Scoring with Open Banking
summary
Peter Hiekmann of finAPI presents methods for creditworthiness assessment using Open Banking. The talk covers using bank-account data access via Open Banking/Open Finance and related APIs to improve credit checks and underwriting processes, situating these approaches within current trends in fintech and AI discussed at the Digital Finance Conference 2024.
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chapters (9)
- 0:00Open Banking and credit scoring
- 2:26Open Banking today
- 3:48Open Banking growth
- 5:12Solution components
- 6:35Digital lending at VR Bank Hessenland
- 9:42Hybrid credit decisions
- 11:29Customer success
- 12:35Open Banking vs Schufa
- 13:57Challenges and integration
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