How the banking royal commission will affect the auto-financing industry
The recent release of the banking royal commission’s interim report has highlighted that responsible lending practices need to be extended to the auto-finance industry. The …
Regional Australia Bank solves the Responsible Lending problem
Regional Australia Bank has partnered with Basiq to provide customers with smarter, more responsible lending.
Basiq Affordability for New Zealand – Coming Soon!
We are excited to announce that Basiq Affordability for New Zealand is coming soon. This will allow lenders to make faster and better home loan decisions based on real bank transaction data from New Zealand.
How much can your customers afford to spend?
With Basiq’s new Affordability API – we have taken the guesswork out of bank transaction data.
Banks will assess loans using real spending data: Basiq
“A start-up backed by Westpac and National Australia Bank has developed software to read bank account data and automate the loan assessment process for banks, allowing them to base lending decisions on actual customer spending rather than relying on estimates and indexes.”
Introducing Basiq’s Enrich API
We are proud to announce the release of our new Enrich API service – that makes encrypted, confusing and nonsense transactions a thing of the past!
