Expense Check
Get a deeper understanding of your customers’ finances and detect possible risk factors based on data insights.
Data over predictions
Use real-time data to review the applicant’s spending habits instead of predictions.
Improve your affordability analysis
Get a granular set of data to feed into your affordability analysis.
Increase conversion
Onboard customers in a matter of minutes and see your conversions rise.
What you can solve with Expense Check
Problem:
Affordability assessments today are usually performed with user-provided input or basic statistical estimates of the individual's spending combined with several sources of liability data – creating friction and misguided conclusions on affordability.
Solution:
Tink provides solutions powered by value-added intelligence on top of open banking data to help lenders understand an applicant’s real budget and helps lenders comply with given regulatory requirements accelerated from EBA and local authorities.
What you can solve with Expense Check
Problem:
Affordability assessments today are usually performed with user-provided input or basic statistical estimates of the individual's spending combined with several sources of liability data – creating friction and misguided conclusions on affordability.
Solution:
Tink provides solutions powered by value-added intelligence on top of open banking data to help lenders understand an applicant’s real budget and helps lenders comply with given regulatory requirements accelerated from EBA and local authorities.
Tick all of the boxes with Expense Check
Simplify applications with Expense Check
Here’s how simple your application process can be with Expense Check
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https://link.tink.com/1.0/risk-insights/?client_id=7a294f1581c4f4c96ab1b237af7h6f1&redirect_uri=http://yourdomain.com/callback&market=SE&locale=sv_SE&external_reference=[YOUR REFERENCE]
Why Expense Check with Tink?
<1 minute
Onboard in seconds instead of days
Give better decisions
Improve affordability assessments with real-time data
100% digital
Payload accessible via well-documented API
Bank-level security
SCA-compliant and fully auditable process
Related reading
The regulatory requirements in store for lenders – and how open banking can help
In the wake of the pandemic and the digital transformation of finance, consumers are borrowing money they can’t afford to pay back. But open banking holds the key to safely assess applicants’ creditworthiness.
Get to know the tech behind better risk assessments
Open banking can help make better informed risk decisions – but access to data is just a part of the puzzle. Find out why quality account aggregation and data enrichment are the foundations of a standout risk assessment process.
A simple way to improve risk decisioning
Having a more holistic picture of someone’s financial situation can make all the difference when it comes to making well-grounded risk decisions. Luckily, open banking makes it a lot easier to build strong risk profiles. Here’s how.
Meet the Tink platform
An ever-expanding suite of tools, SDKs, resources and guides developers use to build great products.
Tink API
One integration connects you to
3,400+
banks and financial institutions
18
countries across Europe
Tink Link
Fully-managed end-user authentication
Authenticate millions of end-users across Europe through a link
All translations, local nuances and compliance taken care of
Flows are constantly improved based on data and testing
Customisable colours and fonts to match your brand guidelines
Tink Link
Fully-managed end-user authentication
Authenticate millions of end-users across Europe through a link
All translations, local nuances and compliance taken care of
Flows are constantly improved based on data and testing
Customisable colours and fonts to match your brand guidelines
Tink Console - your open banking control panel
Easily tap into the world of open banking with the Tink Console – an intuitive developer interface that lets you access financial data and configure, customise, and manage your applications.
‘Best Developer Dashboard’
DevPortal awarded Tink as ‘Best Developer Dashboard’ for providing a great developer experience.
Setup and configuration
Configure, customise, manage, and deploy access to the financial data powering your apps.
Usage reports
Get real-time usage and performance reports without the need for a third-party solution.
Team roles
Give the right level of access to team members within your organisation.
Explore the full range of products through Tink Console, using test bank data for the complete testing experience. Dive into guides, resources and sample projects below to help you get up and running with your account.
Documentation
Easy-to-follow guides, API reference and sample projects
Introduction to Expense Check
Expense Check allows you to assess client affordability in minutes. We offer a standardized JSON report with data that's fetched in real time.
Fetch your first Expense Check report
Get started with Expense Check by fetching end-user expenses.
Test different Expense Check scenarios
Test your integration without using real bank credentials.
Get started with Tink
Contact our team to learn more about what we can help you build – or create an account to get started right away.
