Buy now, pay later (BNPL) solutions are reimagining lending and revolutionising the buying experience for consumers.
Optimising the use of data in the BNPL allows you to treat every customer as an individual; personalising their experience based on an accurate understanding of who they are and what they can afford.
Let us give you the insight you need to make better, informed decisions to grow your business without increasing risk to you or your customers.
BNPL providers need to strike a balance between managing risk and enabling customers to buy what they want, when they want. Automating the use of our data can help you help acquire and manage customers quickly and responsibly.
Verifying a customer’s identity and their ability to pay is essential to reduce risk and protect your business. Our fraud and credit risk insight helps you verify a customer’s identity immediately so you can acquire safely.
In the UK last year, use of BNPL at online checkouts nearly quadrupled. But where cash flows, identity fraud usually follows.
With the popularity of BNPL growing and consumers enthusiastic about the experience its important to ensure you know exactly who you’re doing business with.
Watch our latest video covering BNPL ID Verification & Fraud prevention, with our topic experts Tom Gadsden, Traci Krepper & Rob Haslingden.
Confirming what an individual can afford to spend is essential to protecting consumers and your business. Access to more data gives you the insight you need to properly understand customer’s spending limits.
Let us help you automate the implementation of credit and affordability insight seamlessly, so you can grow your business without increasing risk.
Use our knowledge of an individual’s credit behaviour to assess risk and set affordable spending limits. Share your data with us to access richer, and more detailed information on an individual’s credit commitments to better inform your credit decisions.
The role of BNPL payment services is coming under increasing scrutiny as attention is drawn to the impact these services have on an individual’s credit worthiness.
Data sharing with credit bureaux can help the industry and provides opportunities to minimise risk to consumers, without adversely affecting the payment experience, so how should BNPL providers engage with bureaux?
Watch our latest video covering BNPL data sharing to help lenders grow and protect consumers, with our topic experts Jonathan Westley, Clint Hook & Rob Haslingden.
Automate access to our Affordability IQ bureau metrics and Open Banking resources to accurately inform what a customer can afford to spend.
In 2020 use of BNPL credit almost quadrupled in the UK. This leaves one question. If the rocket is taking off so fast, how can providers ensure consumers don’t get hurt in the process?
Watch our latest video on acquiring BNPL customers confidently with better data, with our topic experts Rebecca Galvin, Andrea Cox & Rob Haslingden.
Collecting accurate information on your customers and maintaining this is important to help inform your engagement and manage customers responsibly. It’s also an essential first step in sharing your data with credit bureaux.
We can help you manage your data, inform your understanding of risk so you can personalise your decision making and engagement with customers.
Validate, cleanse and enrich your customer data to harness greater insight for your business, improve how you manage your customers and optimise their experience.
Resolve identities with our data management solution that checks, validates and appends information across devices and digital footprints using a unique matching process to create a single, data-rich profile for a person or business. It resolves customer data duplications and inconsistencies using both data management techniques and trusted reference data in tandem.
Automate the deployment of your data so you can respond quickly to changes in an individual’s spending behaviour, personalise your engagement, avoid additional risk and keep your customers safe.
Watch our latest video covering BNPL ID Verification & Fraud prevention.
Watch our latest video covering BNPL data sharing to help lenders grow and protect consumers.
Watch our latest video on acquiring BNPL customers confidently with better data.