Manual review of individual bank statements is not efficient
By using Open Banking transaction data, you can get a standardised, up-to-date view of the financial health of a person
FriendlyScore assists individuals in the following ways
Allow inviduals to connect bank accounts through Open Banking to get a comprehensive view of their finances in one place
Automated classification of cash flows into recognisable categories, such as salary, utilities, rent and more.
Live monitoring of all incoming and outgoings
Gain comprehensive insights into income and expenditure
Open Banking data is updated in real-time, allowing decisions to be based on up-to-date consumer behaviour.
The FriendlyScore user interface is designed to allow quick access to key information in an easy-to-understand format.
Open Banking allows the user to connect multiple bank accounts through a single interface, allowing aggregated views of their accounts at a customer level.
Open Banking data allows your business and your customer to receive alerts and notifications helping them keep informed of their finances.
The FriendlyScore model provides key insights into the factors affecting creditworthiness.
By providing unique insights and real-time feedback, FriendlyScore empowers your customer to proactively take steps to improve their overall financial health.
Get in touch with us to find out more