Open banking for RegTech and risk teams
Credit Canary turns consented open banking data into affordability evidence and ongoing transaction monitoring, so risk and compliance teams can make decisions that stand up to Consumer Duty and catch problems early.
Two jobs, one data source
Verify income and assess real affordability from the customer's own bank data, so a decision rests on what they actually earn and spend, not a stated figure.
Keep that understanding current on renewed consent, so a fall in income or an early sign of difficulty is caught before it becomes a missed payment.
From consented data to decisions you can defend
Income verification from real transactions, including for the self-employed and thin-file customers.
An Affordability Score built from categorised income, outgoings and disposable income over time.
Income stability, overdraft reliance, financial resilience and early markers of difficulty, as signals you can decision on.
A refreshed view across the life of a product, supporting proactive, fair customer treatment.
Open banking lands alongside bureau, identity and internal data in the decisioning engine, not a silo.
Account information is accessed under FCA-regulated permissions, with read-only, consent-based, revocable access.
Built for Consumer Duty
Consumer Duty asks lenders to base decisions on a reasonable understanding of the customer and to act to avoid foreseeable harm, at the decision and over time.
Affordability evidence from source gives risk and compliance teams a defensible audit trail, and continuous monitoring provides the early warning the Duty expects. The same consistent picture of the customer supports both the decision and the ongoing duty of care behind it.
See it on your own cases
We will walk affordability and monitoring from consent to decision on your real use case, inside one decisioning layer.
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