Leveraging open data for enhanced verification, operational efficiencies and fraud reduction
Insights uses real-time consumer data to verify a consumer’s identity, account balance or credit and debit activity. Businesses can use CDR Insights to build low-risk consumer data integrations that don’t require CDR accreditation.
Wondering how your business could leverage the power of CDR open data? After years of building CDR data-sharing solutions for businesses, we’ve learned that the best way to answer that question is to provide examples – like the ones you’ll find in all of our use case reports.
This Insights report explores use cases for Account Verification, Balance Checks, Transfer Verification, Average Income Verification and custom insights.
Each use case is presented with a problem statement, a solution, an example and applicable industries. They’ve all been written with a customer centric approach to help you envision how Insights can solve problems and capitalise on opportunities for your clients while gaining a competitive advantage in market.
cross-industry opportunities
Our report has examples of how Insights is applicable to all sectors and industries, including:
Commerce
- Insurance
- Superannuation
- eCommerce
- Payments
- Gaming
- Wagering
- Crypto
- Retail
- Marketing
Finance
- Fintech
- Financial services
- Payroll services
- Payments
- Lending
- Corporate banking
- Loan settlements and servicing
Utilities
- Energy providers
- EnergyTech
- Utility companies
- Telecommunications
- Comparison sites
Other
- Identity
- Government
- Charities