Member Content
Published
Share

Lending unlocked: A new era of credit

The world of lending is changing, due to open banking bringing about better ways for lenders to run affordability assessments and judge creditworthiness more effectively, while also making it easier for borrowers to apply. Especially in the midst of a cost-of-living crisis, streamlining the application and decisioning process is more important than ever. Lenders need to be sure that they can lend, and borrowers need to be sure that they’re evaluated accurately.

 

Tink’s latest report ‘Lending unlocked: A new era of credit’ takes a deep dive into how open banking is helping to revolutionise the lending landscape, helping find ways of accuratelyquickly and efficiently analysing the creditworthiness of applicants. The report covers how open banking can help remove the friction from all these criteria.

 

We also look into how the current macroeconomic climate is set to affect the world of lenders and borrowers over the next few years. The report features key interviews, giving testimony to the power of open banking from the likes of SBAB, Prestalo and Rabobank.

Some of the other issues covered include:

  • Credit bureau blind spots
  • Rising concerns with interest-free credit
  • Adding inclusivity into the lending landscape

 

While the adoption of open banking within the lending world is just getting started, there’s clear evidence that the partnership is set to grow and transform lending for lenders and borrowers.

Download the full report to find out exactly how.

Share this Article
Related Insights
Featured
DUTCH FINTECH MAP 2022
Since 2014, Holland FinTech has been mapping the fintech landscape, in the Netherlands and abroad.
Landing in the Netherlands
New to the Netherlands? Want to know who is who and where to meet them? Read all about the Dutch market, and find your path to successful market access!
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 12-15 September! Be a sponsor, co-organizer, or just participate at the summit or one of the countless side events.

How likely are you to recommend Holland FinTech?