Solvency validation for affordability-related products & services
Disposable Income Verification by Qwist
Our Disposable Income Verification solution uses a one-time access to the end-users’ account transactions to calculate how much money an end-user has left at his disposal at the end of the month. For this, enriched financial transaction data is used to calculate the available income of an end-user after all fixed costs and further after variable costs (=Discretionary Income).
Fast & secure
Validation of end-users’ financial status in real time
Traditional validation methods cause delays and can be error-prone. Our Disposable Income Verification solution enables fast and secure the calculation of the creditworthiness of an end-user in real time.
Swift and secure affordability check and financing decisions
Disposable Income Verification allows customers to easily validate end-user’s financials through real-time access to the end-user’s transaction history, ensuring swift and secure affordability and financing decisions.
Increase conversions
Increase conversions by being able to instantly retrieve insights on end-users’ financial situation, enabling streamlined processes and reducing time and effort.
Reduced risk
Better and faster data-driven decisions by securely retrieving data from end-users’ real bank accounts.
Improve end-user experience
Improved end-user experience with a fast, reliable, and hassle-free verification flow.
How the Disposable Income Verification works
Retrieving regular as well as irregular transactions
With real-time access to bank account data, Disposable Income Verification enables you to retrieve aggregated and averaged amounts of regular income streams, as well as regular and irregular expenses. Determine the creditworthiness of an end user. Further enrichment, such as categorising different income streams and expenses, adds an extra layer of transparency to the process and reduces your financial risk. All manual work and effort on your side is eliminated. As a result, you’re empowered to make faster, better data-driven decisions.
Disposable Income Verification
Tech Documentation
Dive deeper and find more information in our API documentation.
- Overview
- How it works
- Prerequisites
Demo Disposable Income Verification
Still have questions about our Disposable Income Verification? Please contact us and we will happily provide you with advice!
Existing customer requests
We kindly ask our existing customers to use the Zendesk Support Portal, which you received during your onboarding, if you have support queries or need to talk to us. Thank you very much!