Credit Insights

Overview

Credit Insights is a product to instantly enrich and structure Open Banking data, in order to retrieve relevant and ready-to-use information for a financial analysis.

Your service can retrieve categorized and classified Open Banking data. This data is ready to use and allows you to make decisions faster. In addition to categorized data, Algoan Credit Insights provides easily exploitable metrics on which you can build your own forecasting/prediction applications and models.

Here are some examples of data recoverable through Credit Insights:

● a list of the monthly amounts of income and expenses detected, as well as their categories (rent, loan, salary, allowance, etc.),

● the monthly loan repayments detected,

● the presence of seizures on a bank account,

● the presence of salary advances and the total amount,

● the number and total amount of payment incidents, such as withdrawal refusals,

● the number and total amount of recent loan drawdowns,

● overdraft indicators such as the maximum overdraft and the number of days in overdraft.

Test it

In order to test Credit Insights, Algoan exposes REST APIs.

To generate a Credit Insights analysis based on the Open Banking data, follow instructions on the Get Started with our Console section and select the "Credit Insights" product.