Analyze account transaction data from the past 12 months for an objective assessment of payment capacity — standalone, or optionally combined with KSV1870 or Schufa data.
Use Case · Creditworthiness Assessment
Creditworthiness based on real payment data
Built for: Banks · Leasing Companies · Financial Service Providers
- Account Transaction Data from the Past 12 Months
- Optional KSV1870 & Schufa Integration
- Irregularity Detection
- Built for Regulated Processes
About This Solution
With the customer’s consent, FINcredible analyzes actual payment history from the past 12 months of account activity — objectively, based on real transactions rather than self-reported information. This surfaces irregularities that a single credit bureau score alone would not reveal.
This analysis is available as a standalone service. For those who also want an established credit bureau perspective, it can be optionally extended with KSV1870 or Schufa data — delivered as an independent, separate result.
Consent-based & GDPR-compliant
Access to account data is granted exclusively with the customer’s active consent — transparent and fully compliant with PSD2 and GDPR.
A resilient data foundation, not just a snapshot
Real account activity shows how a person’s financial situation has developed over time — a perspective a static score alone cannot provide.
Household Budget Calculation Based on Real Account Data
FINcredible automatically derives income and recurring expenses from account transaction data. Where needed, this household budget calculation can be supplemented with self-reported items that cannot be clearly identified from account transactions alone.
How FINcredible Works? Technology and infrastructure for secure digital financial, identity and verification processes.
Ready to Secure Your Business. Contact Us Today & Scale Your Growth
Questions
What did the December 2023 ECJ ruling on automated scoring establish?
On December 7, 2023, the European Court of Justice ruled (Case C-634/21) that the calculation of an automated creditworthiness score can qualify as an “automated individual decision” under GDPR Art. 22 when a third party — such as a bank — bases its contractual decision primarily on that score. This regulatory development applies broadly across the credit bureau and scoring industry.
Is FINcredible's creditworthiness check dependent on KSV1870 or Schufa?
No. Account transaction analysis is a standalone FINcredible capability that works independently of credit bureaus. KSV1870 or Schufa data can be added optionally where needed, but is not a fixed component.
How does account transaction analysis differ from a credit bureau score?
A credit bureau score provides a snapshot based on historical reported data. Account transaction analysis additionally shows how a person’s financial situation has actually developed over the past 12 months, based on real account activity.
Does FINcredible generate a household budget calculation?
Yes. FINcredible derives a household budget calculation from account transaction data covering the last 12 months, comparing income against recurring financial obligations. This household budget calculation can optionally be supplemented with self-reported items that are not clearly identifiable from account data alone.
Is customer consent required for account transaction analysis?
Yes. Access to account data is granted exclusively with the customer’s active consent, in compliance with PSD2 and GDPR.
Does FINcredible make the credit decision?
No. FINcredible provides the verified data foundations — the final decision remains entirely with the customer and their own scoring model.
Which businesses is FINcredible's creditworthiness check suited for?
Banks, leasing companies, and financial service providers looking to base credit decisions on a broader, legally traceable data foundation — regardless of whether a credit bureau connection is already in place.
Testimonials
See what our clients say about working with us.
5/5
“FINcredible demonstrates what responsible handling of user data protection can look like. For the founders, data privacy is a top priority.”
Philipp Kinsky, Partner, HERBST KINSKY Rechtsanwälte GmbH
5/5
“FINcredible has an enormously strong team. With their product ‘FINcredible MietCheck’ and their focused market approach, this FinTech company has extraordinary potential.”
Patrick Pöschl, Chairman, Fintech Austria
5/5
“ImmoScout24 continuously improves its service for property seekers. The partnership with FINcredible for creditworthiness checks helps future tenants present themselves competently and credibly to landlords, while protecting their data far better than has traditionally been common practice.”
Markus Dejmek, Austria Country Manager, ImmoScout24
5/5
“Currently, willhaben lists more than 20,000 rental apartments and over 1,300 houses for rent. Once someone has found their dream property with us, they often have very little time to stand out against other prospective tenants. That’s why we’re glad to have FINcredible as a partner at our side, making the property search even easier for our users while placing just as much value on security and data protection as we do.”
Judith Kössner, Head of Real Estate, willhaben
5/5
“We wanted to close the gap between modern property management and well-founded tenant decisions. With FINcredible, we’re integrating a solution that creates transparency and supports owners in one of the most important decisions in the rental process.”
Laurens Pohl, CEO, ImmoAssist
5/5
“Our goal is to make financing as simple as possible, without losing sight of responsibility or reliability.”
Herbert Hirscher, CEO, Mercedes-Benz Financial Services Austria
5/5
“With this modern solution, which we are initially testing in the Diocese of St. Pölten and then plan to roll out across Austria, we are creating a win-win situation: more efficient processes for us, the highest security for our donors, and an active contribution to environmental protection.”
Christoph Riedl, Secretary General, Caritas St. Pölten
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