Mortgage

Traditionally, a mortgage application is a cumbersome credit checking process that is labor-intensive for the applicant to fill in all necessary information and is labor-intensive for the lender to verify all the applicant's data. Open Banking can give the lenders direct access to the applicant's history to confirm whether they have sufficient creditworthiness to undertake the mortgage obligation. A more in depth look at this use case can be found on our blog.

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