Credas adds financial controls powered by Open Banking


Our Open Banking module allows you to effortlessly collect financial evidence from your customers in minutes. Make proof and source of funds verifications much easier.

Now you can stop chasing your customers for financial statements and gather the evidence you need as part of a seamless customer onboarding process.

Main features of our Open Banking module
• Proof of Funds – Obtain authentic financial statements with just a few clicks
• Source of funds – Easy analysis of funds with automatic categorization of funds
incoming payments
• Affordability assessments and missed payment profiling
• Summary transactional behavioral trends: what has changed in the last 30 days
• Collect additional data via configurable data capture forms
• Works seamlessly with our IDV solution – no additional apps required
• Simple integration with your existing CRM and onboarding processes

How it works?

After sending an invitation to your client via the Credas portal, he can connect with his online banking service provider via a smartphone or a browser via the Open Banking infrastructure. Once authenticated, we produce a comprehensive financial report including summary information and transaction history. Your customer can authenticate and log in to multiple accounts in one journey and the reports will be saved to their file for your review.


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