Discover how Latvian Sun Finance improved risk decisioning and reduced customer friction during account opening with Account Opening API.
As Sun Finance expands its presence to new countries, it faces challenges securing the identity data necessary to make confident risk decisions about its applicants. Ideally, they want to customize onboarding workflows according to actual applicant risk, even in new markets.
Sun Finance saw great improvement with their risk decisioning during account opening by integrating Ekata. With our insights, they were able to identify and reject a previously unknown segment of high-risk applicants that accounted for 3% of monthly sales.
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