.png?width=181&height=80&name=Group%20482148%20(6).png)
Skanska integrated Kreditz’s Open Banking solution to strengthen credit risk assessments for corporate clients in equipment rental and construction finance. With rising fraud and limited visibility into smaller company finances, Skanska turned to PSD2 data to power real-time decision-making and eliminate reliance on outdated or incomplete information.
Challenges
- Rising fraud due to the growth of sophisticated criminal networks
- Difficulties in assessing companies due to insufficient financial information, leading to credit losses
Results
- Zero fraud cases since implementing Open Banking tools
- Real-time credit assessments based on verified account data
- Faster, more reliable processes with reduced manual handling
- Mitigated credit loss risks from inaccurate or falsified company data
Reduced credit losses and fraud
Zero fraud cases since implementing the new tools. PSD2 data closes gaps that traditional methods fail to detect.
Faster and more reliable credit process
A real-time Open Banking solution makes credit assessments quicker and more accurate, while eliminating the risk of credit losses and manual errors.
Award-winning solution
Skanska Rental won price at The Major Credit Award 2024 and Kreditz was nominated in four categories and won two at the Credit Management & Compliance Awards 2025.
.png)
.png)
“Since the new process began in December 2023, Skanska Rental has had zero cases of fraud, losses have decreased, and bankruptcies among customers have decreased as they choose more carefully.”
The solution
Turning Complexity
Into Clarity
- Real-time credit assessment: Open Banking enables fast and accurate evaluation of creditworthiness using up-to-date financial data.
- Effective fraud prevention: Improved verification through Open Banking eliminates fraud and protects against manipulated information.
.png?height=1000&name=Group%2062%20(1).png)
Solution
Markets
Use Case
Impact
- Real-time income verification embedded into consumer loan journeys
- +50% conversion improvement through white-labeled flows
- Supports multiple products across diverse verticals
Solution
Markets
Use Case
Impact
- Higher conversion rates via quality lead optimization
- 60% application form pre-fill using Kreditz data
- Cost savings on traditional credit bureau checks
Solution
Markets
Use Case
Impact
- Real-time KALP assessment used in mortgage approvals
- Custom scoring models built using PSD2 data
- Household-wide affordability view for joint applicants
-1.png)
Solution
Markets
Use Case
Impact
- Improved speed and accuracy of SME assessments
- Seamless API integration into internal credit systems
- Better prediction of repayment capacity using transaction data
Solution
Markets
Use Case
Impact
- Reduced default rates and higher loan approval rates
- Digitally streamlined income and account verification
- Enhanced customer satisfaction with a modern, frictionless flow
.png)
Solution
Markets
Use Case
Impact
- Reduced handling time per customer for faster response
- Improved risk control and flexibility in lending decisions
- Higher approval rates and lower default rates through accurate, real-time assessments
Kreditz ALTA
Advanced Categoryzation Engine
Automate credit and risk assessments to the new industry standard with real-time data 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.