Data Intelligence for smart Account Analyses and Reports

With finAPI, companies use financial data to gain clear insights and streamline their processes. The solutions range from precise account analyses to zero integration options for credit decisioning.

Account Analyses and Reports

Account Analyses and Reports that give you the competitive edge

The finAPI Data Intelligence module enables comprehensive account analysis to give you deeper insights into the financial situation of your company or your customers. Functions such as categorization, cash flow analysis, risk analysis and contract detection can be combined to give you the information you need.

If you are looking for a ready to use solution for credit processes and credit checks, we recommend the Digital Account Check (DAC) or the KreditCheck. Both combine multiple account analyses for a complete overall picture. Learn more about DAC and KreditCheck.

Categorization and Labeling

finAPI’s labeling service automatically assigns the right categories to account transactions, from salary and rent to insurance payments or operating revenue and expenses for business accounts. More than 200 B2C and B2B labels are available.

With an accuracy of up to 99 percent, the categorisation provides a reliable foundation for use cases such as cashflow and risk analyses or credit assessments.

Cashflow Analyses

The cashflow analyses provide precise insights into the financial situation of private and business customers. Income and expenses are structured, processed and aggregated, and returned in JSON format. Account statement seets and income verification are additionally available as signed PDFs. Account statements and income overviews are additionally available as signed PDFs.

This gives you reliable financial data that speeds up processes and simplifies assessments.

Risk Analyses

The risk analysis helps companies identify transactions that may indicate potential payment risks. This includes chargebacks, seizures, or transactions related to gambling or debt collection.

Depending on the use case, the analysis can be used for credit checks, compliance processes or internal risk assessments.

Contract detection

The contract detection automatically identifies existing contracts and contract details such as counterparts, amounts, and payment intervals.

Whether loans, insurance policies, leasing agreements or subscriptions, the analysis provides a clear overview of financial commitments and supports credit checks as well as improved contract conditions.

Data Intelligence Solutions

Combined Account Analyses for enhanced Credit Decisions

The Digital Account Check (DAC) and the KreditCheck combine account analyses into relevant information such as cashflow, income, expenses, and potential risk factors. The results are available as JSON and PDF to support enhanced credit decisions. Both solutions can be used as a backend integration or as a zero integration widget with a user-friendly frontend. This gives companies a comprehensive overview of their customers’ financial situation. It simplifies credit decisions and makes processes more efficient.

Digital Account Check (DAC)

The Digital Account Check gives lenders a comprehensive overview of their customers’ financial situation. This facilitates credit decisions and makes processes more efficient.

The DAC combines multiple account analyses into relevant information such as income, expenses, and potential risk factors. The results are available as JSON and PDF. The DAC can be used as a backend integration or as a zero integration widget with a user-friendly frontend.

KreditCheck

The KreditCheck amplifies account analysis with a rule based decision support system. Companies benefit from a fast assessment of the financial situation, which makes credit decisions more transparent and efficient.

As with the DAC, multiple account analyses such as income, expenses, and potential risk factors are combined. In addition, the KreditCheck evaluates account data and provides cost of living calculation based on lender’s specific rule set.

The results are provided in an easy-to-understand traffic light system for decision support, available in JSON format and as a PDF. The KreditCheck can also be used as a backend integration or as a zero integration widget with a user-friendly frontend.

KreditCheck & LoanValidator

In addition to the KreditCheck, the LoanValidator can be used to match loans identified from the account with loans reported to the SCHUFA, providing a more complete picture of your customer’s financial situation.