DirectID Stock (DIID)

Traditional Credit Scores are outdated, ineffective and exclusive. DirectID powers financial inclusion by leveraging open banking data to optimise credit & risk decisions. We provide a range of advanced insights from income verification to affordability, DirectID empowers decision makers to make better-informed credit & risk decisions with customer bank data. DirectID supports over 50 customers today, including global brands like Deliveroo, Ford, EY, Deloitte, Best Egg, XE, Butterfield Group, Target Group, Mansfield Building Society, Shieldpay and more across multiple countries. DirectID was an early open banking pioneer. We petitioned for PSD2 and built the first AISP integration in the world for Virgin Money. With over 13,000+ connections, DirectID provides advanced open banking data for credit & risk decision-makers across 45+ countries, providing more coverage than anyone else in the market today. Our leadership team have been working with data for over a decade and have more than 100 years of experience in senior roles at organisations such as FICO, Experian & TransUnion. Providers leveraging DirectID get better, quicker and more decisions: Increased origination rates (e.g. 45%+) Reduced fraud levels (e.g. 7.5%) Lower operational costs (automated vs. manual) Their customers get convenient access to the products and services they want. Our advanced Insights provide 250+ key indicators for Affordability, Financial Distress, Cashflow and more.