We understand and keep pace with the development of new products and Finants Inspektsioon regulation to provide transparent solutions which minimise the impact on our clients, ensuring that they remain compliant, competitive and profitable whilst delivering good customer outcomes.

 

We achieve this in part by being committed and proactive members of Finance Estonia. This helps us to continue to understand the challenges and needs of our lending clients to deliver what is now a well-regulated sector offering loans which meet the diverse needs of today’s consumers.

See how and why the market is using DataMe

  • Alternative Lending

    This segment is comprised of short-term and installment lenders. Typically, short-term loans are less than €1,000 with terms as short as two weeks and as long as a few months. Installment loans typically range from €1,000 to €5,000 with terms from three months to five years with payments made monthly. Better data allows you to broaden your market opportunity without greater exposure to risk.

  • Auto Finance

    A growing class of consumers has the ability to pay a car loan but their traditional credit file is either too thin or challenged to obtain financing from a bank or auto manufacturer. The qualified underbanked community provides an opportunity to safely tap into this growing source of revenue by matching inventory with new and better vetted consumers.

  • Consumer Finance

    A growing class of consumers has the ability to pay a car loan but their traditional credit file is either too thin or challenged to obtain financing from a bank or auto manufacturer. The qualified underbanked community provides an opportunity to safely tap into this growing source of revenue by matching inventory with new and better vetted consumers.

  • Credit Cards

    The Bank Card landscape continues its evolution since the credit markets changed so dramatically. Card issuers have responded by exploring opportunities utilising new and alternative sources of data, which provide competitive advantages. Having more relevant and timely data allows credit card companies to better manage their portfolio of accounts by mitigating losses and maximising profits.

Retail Banks

Across the customer lifecycle we can provide insight to help you make better decisions from customer acquisition, through management to debt collection strategies.

We believe we are perfectly placed to help you find the best prospective customers for your business and choose how best to market to them. We will help you analyse your prospect data and prioritise those individuals most likely needs. You can also make your application process faster and simpler for new customers as well as improve your business's protection from fraud and bad debt.

Innovative new products will also help you assess new customers' current and likely future financial stability. This can not only help you analyze data in real-time to mitigate potential fraud but also ensure you rapidly and accurately make decisions, on who to do business with.

We work closely with many of our clients to better understand the challenges and requirements of increasing regulatory compliance requirements. We know that the best starting point for an accurate affordability assessment is an accurate view of income. We also know that income can be as individual as the consumer under consideration as their circumstances differ. DataMe income verification exclusively uses the best source of data – the consumer’s pension information. This provides insight into the sufficiency, consistency and stability of the personal income.

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