HomeBankingTink: Launches Expense Check to improve affordability analysis

Tink: Launches Expense Check to improve affordability analysis

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Tink: Launches Expense Check to improve affordability analysis

  • Tink announced the launch of its new product Expense Check
  • Designed to simplify and streamline the customer affordability verification process for lenders
  • Powered by open banking, the solution lets banks and lenders seamlessly verify customers’ affordability in a matter of minutes
  • Provides lenders an up-to-date and verified view of fixed and discretionary spending
  • The product also enables regular affordability reviews, helping lenders meet their regulatory requirements
  • Launching in the Nordics and the UK, Expense Check will then be rolled out more widely across Europe
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