Products

Connect

A guided user-interface to capture consent, verify and connect to bank accounts, and share transaction data.

Consent

Capture customer consent for a 90-day period, giving the option to revoke at any time.

Simple integration

Embed in your customer journey or distribute a link request via email, SMS or push notification.

Optimised UX

A seamless interface optimised by data from over 3m end users.

Connect

Consent

Capture customer consent for a 90-day period, giving the option to revoke at any time.

Simple integration

Embed in your customer journey or distribute a link request via email, SMS or push notification.

Optimised UX

A seamless interface optimised by data from over 3m end users.

Connect

Data APIs

The pipelines for transferring and accessing normalised bank data, from your customer's bank account into any platform.

Data APIs

Access to normalised and enriched bank statement data that can be integrated into your own systems

Our Data APIs transfer account holder information and enriched transaction data from your customer’s bank, to you. With our APIs, you can access open banking transactions with detailed information on amounts, whether it’s credit/debit, it’s status, and merchant details.

Data APIs

Dashboard

An accurate, real-time view of your customer's financial data, enriched with intelligent credit & risk insights.

View customer insights

View customer insights on affordability, income, predictive cashflow, and more.

View transactions

View up to 12 months of enriched transactions for each of your customers.

Multiple accounts

Quickly toggle between all your customers that have connected their bank accounts.

Dashboard

View customer insights

View customer insights on affordability, income, predictive cashflow, and more.

View transactions

View up to 12 months of enriched transactions for each of your customers.

Multiple accounts

Quickly toggle between all your customers that have connected their bank accounts.

Dashboard

Solutions for credit risk decisions

Affordability

Assess how much your customer can afford to repay. Use enriched data to identify income, and fixed vs flexible spend.

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Browse our solutions

Affordability

Assess how much your customer can afford to repay. Use enriched data to identify income, and fixed vs flexible spend.

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Income verification

Verify your customer's income across all income streams, whether it's salaried wages, freelance earnings or benefits.

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Categorisation & classification

Cut through the noise of a bank statement and understand how and where your customers spend their money.

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Emerging financial distress

Identify emerging financial distress to enable early intervention before your customer defaults.

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SME financial health

See the balance trend of an SME’s accounts with a view on income, stability and fluctuations. View the money a business earns, spends and saves on a regular basis.

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Better-informed decisions across the credit & risk lifecycle

Use cases

Risk modelling

Use open banking data in a standalone or hybrid predictive model that brings together multiple data sources. Significantly uplift predictive models with comprehensive and dynamic data.

Origination & onboarding

Reduce manual interactions for quicker decisioning. Optimise your credit risk processes using transaction data.

Credit risk decisioning

Understand your customer's affordability and creditworthiness in real-time. Embed consumer transaction into your predictive model.

Portfolio management

Track cashflow changes across your portfolio to identify trends and drive lifetime value.

Collections & recoveries

Get insights on affordability, income, cashflow and more, to empower your collections teams and optimise the recovery process.

What our customers say

“Working together, DirectID’s Connect widget and Shieldpay's payment engine allow customers to transfer funds online with digital escrow and trust services. The combined service will bring seamless identity verification during transfers, streamlining the customer experience without sacrificing any measure of security. Bringing customers a frictionless payments journey at every step.”

Shieldpay

Multi-award winning payment platform

“Underwriters can confidently produce quicker and more detailed analysis. Customers receive speedier decisions with reduced intrusion/inconvenience. Dealer receives quicker decision - increased satisfaction. Everyone wins with the new process.”

Global vehicle manufacturer

Automotive financing

“In working with DirectID, we can give the underwriter a much more detailed and understandable view of a customer’s financial profile”

Target Group

A leading business services provider in lending, investments and insurance, managing over £25bn+ assets

“Best Egg captures up to 5,000 distinct quantitative and qualitative attributes per customer including over 1,500 proprietary credit attributes, applicant data, data from more than 10 external data providers, “on-us” loan behaviours, the customer’s digital footprint, contact interactions, and survey data.”

Best Egg

Consumer-lending platform developed by Marlette

“Partnering with a global player like DirectID enables us to strengthen our credit scoring engine through open banking data. DirectID’s robust open banking infrastructure opens up innovative ways to use alternative data in our credit risk management processes to offer personalized financial offerings to our customers.”

Dana

A lending as a service provider using open banking to strengthen their credit scoring engine

Get started using open banking data

Talk with one of our specialists to find out more about using open banking data.

Demo of the guided customer consent journey
Walk through of our real-time data & insights
Coverage check in your markets

Frequently asked questions

Schedule a call

What is open banking and how does it work?

Open banking is the practice that allows people and businesses to share up to 12 months of transaction data. DirectID is regulated by the Financial Conduct Authority as an Account Information Service Provider (AISP) - the intermediary who safely facilitate this process.

What is transaction categorisation?

Transaction categorisation is the process of adding context to raw transaction data. The process gives you an understanding of what your customers' spend their money and where.

How does bank account verification work?

Using the bank account verification API, DirectID matches the details provided from your customer to those on their account. We apply a set of sophisticated algorithms and rules to verify the name, and then tell you what does and does not match.

How do you verify income with open banking?

After a customer shares their data, DirectID identify recurring credits to the account and group these. Using an algorithm we identify the monthly income for each income stream. We then return the calculated income and confidence score to you.

Speak with one of our specialists

Schedule a call