Key takeaways:
- 30X the man-hours needed for manual processing versus Ezbob’s Smart Onboarding
- Increased profitability and ability to generate lending portfolios in an automated or semi-automated manner
- >4,000 variables collected from multiple sources to determine risk
How can banks conquer the new world of risk?
Traditional methods using credit bureaux alone aren’t enough to get a full and, crucially, current picture of a small and medium-sized enterprises (SME) financial health.
Lenders need to draw on multiple data sources simultaneously, including the data that is available in the Open Banking environment to better assess credit risk of both new and existing customers.
Learn more in this discussion with John Christiansen, Chief Risk Officer at Ezbob by downloading the white paper.
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