Admiral, Credit Kudos partner to provide open banking data for lending arm

Tuesday 15 December 2020 13:21 CET | News

Admiral Financial Services has signed up credit referencing and open banking fintech Credit Kudos to enhance its credit decisioning process.

The partnership will start initially with Credit Kudos helping with the income verification of customers looking to apply for personal loans, and over time this tie-up may develop to include affordability and risk. When a customer looks to apply for an Admiral loan, for instance, they’ll now be presented with the option of sharing their financial data securely as part of the application. 

Credit Kudos will aggregate and analyse this data to provide Admiral with insights on the person, including income verification, according to AltFi.

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Keywords: Admiral Financial Services, Credit Kudos, Open Banking, lending, data, banking, fintech, credit referencing, loan
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech