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.

FintechOS offers the possibility of accessing different databases with the purpose of moving around specific data using API connectors. They can be used but are not limited to banking or insurance business scenarios, such as customer identity verification in a loan origination operation, automatically fill-in customer data, data verification and so on. In addition, connectors can have a significant role in the SME or customer onboarding process by providing easy access to databases where information the needed information is stored.

Ideal Postcodes is a platform that provides UK address search solutions. The data returned is validated and up-to-date.
The FintechOS Ideal Postcodes Connector aids financial institutions by accelerating and simplifying address verification processes when enrolling new customers. Once integrated in a digital journey, the API connector can be used to search and retrieve the following data:

  • Verified postal codes

  • Verified addresses

  • Partial address lookup

  • Verified Unique Property Reference Numbers (UPRN)

When accessed from a digital journey, the Ideal Postcodes Connector allows bank clerks to verify full or partial addresses from public records. It can be further enhanced via FintechOS Studio adapting it to business requirements. The result is a fully functional and personalized searching tool that collects the needed information in a few steps.

The Ideal Postcodes Connector can be used only for UK customers. The information is retrieved from Royal Mail and Ordnance Survey databases.

Business Pain Points

The Ideal Postcodes Connector is aimed at resolving some of the pain points when looking up addresses:

  • searching for valid addresses can be time consuming

  • requires verified and updated information

  • manually inputting addresses for legal entities or consumers take time and human errors may occur

Key features

Once integrated in a digital journey, the Ideal Postcodes Connector solves these pain points by offering a simple way to collect the needed data.

  • The addresses are valid and up-to-date.

  • Easy to use. It can be added to a digital journey to simplify the search and address validation process.

  • Time-efficient. The data no longer needs to be added manually.