Overview

Connectors are simple, data point connections to external Saas providers, that are used to enrich internal customer data to help in onboarding and risk decision scenarios. API Connectors gather data from a collection of REST APIs with the purpose of merging them into a cloud-based data storage system. This process gives the possibility of filtering and transforming data into a proper format or structure for the purposes of querying and analysis.

Credit Kudos is a credit reference agency that collects and stores relevant financial data used to calculate customers' credit or risk stores through open banking and other European PSD2 API standards.

FintechOS Credit Kudos Connector allows financial institutions to instantly and securely retrieve financial data from Credit Kudos such as account details, incoming and outgoing transactions, card number, account balance, and so on.

For information on how to use the connector in digital journeys and the API methods, see the following pages:

• Using the Credit Kudos Connector in Digital Journeys
• API Methods

Business Pain Points

The Credit Kudos Connector is aimed at resolving some of the pain points when searching for relevant financial information that is spread across multiple systems:

• Searching for financial data is time consuming.
• Requires verified and updated information.
• Limited time to analyze the financial data found.
• Financial institutions use different accounting systems.
• The required information can be scattered throughout databases

Key features

Once integrated in a digital journey, the Credit Kudos Connector solves these pain points by offering a simple way to collect data from multiple databases.

• Easy to use. It can be added to a digital journey to simply the search process.
• Time-efficient. It collects all the needed financial information from multiple systems.
• Single point of entry for a detailed search that offers real-time customer financial data.
• Up-to-date financial data (access to the primary source).
• Extract data automatically (no manual work).
• Possibility to monitor customer's financial health.

• The retrieved information is verified.