Industries / Fintechs

Scale with confidence through trusted data partnerships.

Fintechs grow fastest where onboarding is quick and losses are low. Those goals usually pull against each other. Verified answers from the institutions that hold the facts let you have both.

Talk to us How the exchange works

Use cases

Outcomes for fintechs.

Outcome 01

Approve good customers in a single session

Today: Every extra document request loses applicants. Manual review of uploads is slow, costly and easy to fool.
With OpenCheque: The customer stays in your app, approves the check with a custodian they already trust, and returns with a verified answer.

Higher completion without weaker checks
No new wallet, password or upload for the customer
A scoped API: start a verification, read the result

FintechsAnswers only

Fintech lenderTelecom

“Has this subscription been continuous for the last 180 days?”

Yes

Customer approved with the telecom

Illustrative example.

Outcome 02

Lend to customers with little formal history

Today: Credit files miss most of what makes a small business creditworthy: years of filing, shipping and paying bills.
With OpenCheque: With consent, ask the authorities that hold that history for a narrow answer and price the loan on facts.

More approvals at the same risk appetite
Evidence the applicant cannot fabricate
No statements or returns stored on your side

FintechsAnswers only

Fintech lenderTax Authority

“How many returns are attributed to Company C?”

5 returns: 2 personal, 3 business

Consent initiated by the lender

Illustrative example.

Outcome 03

Pay out to the right account, every time

Today: Misdirected and impersonation payouts are expensive to recover and damaging to trust.
With OpenCheque: Before the first payout, confirm with the receiving bank that the account belongs to the name you were given.

Fewer misdirected payments
Impersonation caught before money moves
A single yes or no, not account data

FintechsAnswers only

Payments appBank

“Does this account belong to the name supplied?”

Match

Illustrative example.

Outcome 04

Shut the door on account takeover

Today: One-time passcodes fail the moment a fraudster controls the customer’s SIM.
With OpenCheque: Before a password reset or a large transfer, check with the telecom whether the SIM has recently changed.

Risky actions paused at the right moment
Genuine customers pass without friction
No subscriber records leave the telecom

FintechsAnswers only

FintechTelecom

“Has the SIM on this number changed in the last 30 days?”

No change

Customer approved with the telecom

Illustrative example.

Use cases and answers are illustrative. Every offering is agreed with the provider and depends on the applicable law, contracts and permissions.

Your role

Two ways to take part.

As a subscriber

Ask for the answers you need.

Instant onboarding checks
Lending to customers with little formal history
Payout and beneficiary verification
Account-takeover defence

As a provider

Publish the answers you can give.

Wallet or account tenure
Merchant operating activity
Verified identity-attribute correspondence

Other industries.

Banks

Reduce risk, improve customer outcomes, and unlock trusted collaboration.

Telecoms

Combat financial crime across wider ecosystems.

Public sector

Build safer, more inclusive communities with trusted insights.

Insurance

Price risk and settle claims on verified facts.

Fintechs

Tell us the outcome you need.

We will show you the question that gets you there, who could answer it, and how it would run on the exchange with your systems as they are today.

Talk to us

Trust isn’t a feature.
It’s infrastructure.
OpenCheque