Moneybarn chooses Credit Kudos as Open Banking partner

Moneybarn, the UK lender of specialist car, van, and motorbike finance, has chosen Credit Kudos as its Open Banking partner.

The organisation will use the challenger credit reference agency’s income verification, affordability insights, and report sharing, to help better inform its lending decisions.

Moneybarn will also be using Credit Kudos’s newest product, Assembly, an Open Banking decision engine that enables lenders to automate credit policies and implement real-time decisioning without the need for manual data analysis.

Prior to live deployment, new policies can be designed and assessed against the historic population to understand the impact on conversion.

“Providing our customers with first-class user experience is incredibly important to us and using Credit Kudos’s advanced Open Banking insights enables us to streamline the lending process from start to finish, as well as make significantly faster decisions,” said Natalie Trist, chief credit officer, Moneybarn. “Our partnership will also help us to responsibly offer loans to even more people, ensuring they have access to credit options that are right for them.”

    Share Story:

Recent Stories


The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.