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Case study – using open banking to reduce the risk of rent arreas. How Keysafe sped up tenant vetting from days to minutes.

13 decembrie 2022

Keysafe is a UK-based tenant referencing company, set up to reduce the risk of rent arrears by checking the tenant before they sign the tenancy agreement.

In 2019, KeySafe turned to Salt Edge’s open banking service, to address the challenges of the archaic tenant vetting processes which implied many cumbersome steps and was time-consuming for all parties involved.


Through the partnership, the verification process became essentially instant, helping KeySafe to reduce the average response time to approximately 4 minutes from the historical 48 hours.

Read the case study to find out how Salt Edge’s solution enables Keysafe to verify the tenants’ financial situation by connecting to their banks in different countries, in a compliant way without the hurdles of getting their own AIS licence.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?