Collector Bank
Find out how Kreditz tools transformed Collector Bank manual processes, minimizing errors and fraud risks.
Collector Bank is a leading Nordic digital bank specializing in innovative financial solutions for private and corporate customers. They offer tailored services such as loans, payment solutions, and savings products, focusing on flexibility and customer-centric digital experiences. Collector integrated Kreditz to solve challenges related to income verification and account number validation, while replacing lengthy and error-prone manual processes. This helped improve both operational efficiency and customer satisfaction.
Challenges
- Difficulty to verify income details and account numbers.
- Lengthy manual processes push down the margin.
- Manual processes lead to human errors and increased fraud risks.
Results
- Default rates cut in half and fraud costs reduced by 50 percent.
- Improved customer satisfaction with digital verifications.
- Better risk management practices.
Reduced default rates and higher loan approval rates
Digitally streamlined income and account verification
Enhanced customer satisfaction with a modern, frictionless flow
The process
Turning Complexity
Into Clarity
It all starts with understanding your unique goals and tailoring our service to meet your needs. Integration is seamless, whether through API automation or plug-and-play solutions. By leveraging real-time data from Open Banking and other sources, we deliver actionable insights that enable confident decisions.
“Kreditz is a key enabler for us to provide our customers with a simple and smooth application process, while allowing us to verify and assess credit responsibility. ”
Find Your Match
Not sure where to start?
Contact us and we’ll guide you to the right tools for your needs.
Saldo Bank
Explore how Kreditz helped Saldo Bank replace document-based verifications with a faster, secure, and fully digital ...
Santander
Find out how Santander uses Credit Risk Insight to support secure credit decisioning across multiple product areas
DNB Finance
Learn how DNB Finance shifted from document-heavy underwriting to real-time, Open Banking–powered decisions with Kreditz
Kreditz ALTA
Advanced Categorization Engine
Automate credit and risk assessments to the new industry standard with real-time insights and leading technology, giving you accurate decisions that align with your business goals.
Next-gen Credit Scoring
Credit Policy Rules
Affordability
Learn more about our Solutions
Explore the full range of our Credit Assessment tools, each designed to meet the standards of today’s market.
Financial Indicators
Optimize your risk management and drive customer value through highly accurate, granular insights across all financial assets, liabilities, income, and spending. Our unified intelligence enables precise liquidity forecasting of businesses based on recurring cash flows.
Credit Risk Insight
Make better lending decisions with significantly reduced credit losses. We enable users to flexibly define policy rules, make real-time affordability assessments, and obtain an accurate creditworthiness based on categorized transactions and tailored scoring models
Non Financial Risk Insights
Enhance your non financial risk management and compliance by accurately identifying dubious income, detecting social engineering and flagging suspicious transactions, while distinguishing them from valid activity. Our automated behavioral and transactional insights, enabling real-time monitoring and allows to identifying deviations from expected behavior to effectively preventing scams.
CVM Analytics
Leverage detailed transactional patterns to segment customers into truly actionable profiles, enabling personalized services and products. We provide in-depth insights into customer activity for precise share of wallet estimation. This allows us to identify real opportunities to enhance your customers' share of wallet.
Transaction categorization
Get granular financial activity patterns for superior customer understanding. Our Advanced Categorization Engine accurately identifies transaction purpose by leveraging years of experinece instilled into bleeding-edge AI models .
Account Verification
Our solution enables instant, secure, and fully digital customer account verification. This paper-free process accelerates onboarding and streamlines compliance. It significantly enhances operational efficiency trough secure connection.
Advisory Services
We partner with our clients to holistically strengthen their risk management capabilities. Our team of seasoned risk and consulting professionals leverages deep expertise across the entire risk spectrum – from credit to non-financial – and throughout the value chain, enabling clients to precisely define and successfully embed their risk appetite within critical business decisions, informed by extensive regulatory experience in Europe.