Posts Tagged: open finance
Credit Score and Credit History: Are They the Same?
Credit score and history are key concepts that appear when people or businesses seek financing and are evaluated by the financial institution, so it is critical that both concepts are thoroughly understood. That is why,…
- Sep 04
What are the benefits of financial data in business?
Analyzing financial data is critical for businesses to detect specific details in their structure in economic terms and avoid scenarios of complexity in managing their finances. Understanding this data is also important for credit institutions…
- Aug 07
Is it possible to reduce credit risk?
To obtain a loan, financial institutions must assess the applicant’s credit risk so that they can be confident that their resources are in good hands and will be returned on time. But what exactly is…
- Aug 04
What is a credit report and how is it built?
The credit report is a very useful tool for financial institutions, as they rely on it to have a broad profile of those who come to them to apply for a loan. It helps them…
- Jul 03
How to obtain the financial information of your borrowers?
In order for a loan to be granted to a company that requires one, the granting firm must first obtain its financial information, as this allows the risks to be evaluated and the terms under…
- Jun 08
What is the SAT and what is it for?
Taxes and declarations are probably known ideas to you, and in Mexico, you probably identify them with the SAT, but do you know what the SAT is for, what it does, and how important it is? What…
- Jun 07
May Newsletter: SAT Compatibility, New Features & More!
Newsletter May 2022 New feature alert! Details on the company’s history! Every invoice in Mexico has the option to be canceled. You will now have the ability to see the amount and value of all canceled…
- May 22
6 benefits of Open Finance in Financial Institutions
Open Finance is a concept that has recently gained popularity in the field of economics, but do you know what it means and why it appears to be a popular term in that environment? What…
- May 08
APIs in Financial Industry: Definition & Importance
The term has recently gained popularity; we may already be aware that reading or listening to connotes solutions and benefits, but do you know what an API is? Application Programming Interface A web API, also…
- May 03
The Importance of the Metrics Dictionary in the Credit Risk Analysis
A solid API for credit risk analysis would normally collect a lot of data, which will need to be analyzed. To do this correctly, you must first understand the significance of the data in order to prevent…
- May 01