Better decisions through Open Banking intelligence

Harness the power of banking data through our artificial intelligence driven platform for Open Banking to reduce credit risk and banking fraud.

banner-image

Financial Institutions

Enhance credit risk and fraud detection decisions through our artificial intelligence Open Banking platform.

Accounting Firms

Improve the SME accounting audit process through our Open Banking intelligence products

Debt advice charities

Helping consumers become debt-free through our income and expenditure assessment engine.

iphone

Enabling better credit risk and fraud detection decisions

Financial institutions can now harness the power of Open Banking data to transform their credit risk and fraud detection capabilities through the use of our banking intelligence APIs.

Our platform provides solutions for a wide range of use cases including:

  • transactional data categorisation, based on our proprietary taxonomy, to aid credit risk decisioning processes and to provide the required income and expenditure assessment for debt advice services
  • real-time affordability assessments for personal loans and mortgage applications
  • anomaly and fraud detection services to reduce banking and payment fraud

Providing accountants with automated solutions for SME audits

Traditional methods of working with paper, csv or pdf bank statements are outdated.

We’ve harnessed the power of Open Banking to put an end to these outdated methods, both easing the burden on clients and putting accountants’ minds at rest knowing they are working with complete and accurate bank transactions obtained directly from the clients’ bank.

By offering a suite of advanced analytical tools, the platform drives time savings and better audit quality across multiple areas of the audit file and allows auditors to move away from sampling and test 100% of transactions.

ipad
iphone

Supporting debt advice charities to help consumers become debt-free

With more than 8 million people in the UK struggling with problem debt, we have created an Open Banking capability for debt advice charities to automate the income and expenditure challenge to help consumers become debt free.

We have replaced a lengthy, manual and inaccurate manual process currently completed by consumers and debt advisors with a digital experience completed by consumers in seconds.

This is available free of charge for this sector.

Platform Features

A complete platform for Open Banking intelligence

iphone-ipad

FCA Regulated

Ducit.ai is authorised and regulated by the Financial Conduct Authority under registration number 816952.

ICO Registered

We are officially registered data controllers ZA494747 on the ICO’s data protection public register.

Security First

Our technology platform is built from the ground up on the principles of security, scalability and reliability and we adopt industry best practices to secure your data.

Artificial Intelligence

The use of AI to drive better decisions is a fundamental pillar of our platform.

Sign up to be the first to hear about Ducit.ai releases and events