3 Non-Negotiables for Any Automated Bank Data Retrieval Provider

Posted by Christopher Peters on Apr 19, 2018 9:32:00 AM

There are countless tools on the market that offer an automated bank statement retrieval solution; each creating efficiencies and opportunities for income and expense verification. So how do you know which provider is the best fit for your business?

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Topics: Bank Statement Automation, FinTech

How Can Innovation in Automated Bank Data Enhance Your Business?

Posted by Christopher Peters on Mar 5, 2018 2:16:00 PM

Traditionally income and expense verification has been time intensive, manual and, as a result, subject to human error and bias. As part of the credit application process, customers have provided physical or emailed PDF copies of their banking statements to lenders or brokers and, along with their teams, they have then sat and reviewed the spending, line by line, to categorise and make personal assessments on position and risks.

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Topics: Bank Statement Automation, FinTech