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Our Technology — Open Banking Loans and AI Lending UK
Our tech-enabled lending platform
Cuairt ghoirid, ann am Beurla shìmplidh, air mar a chumas sinn an dàta agad sàbhailte, mar a tha an siostam co-dhùnaidh AI againn ag obair, agus dè th' ann am Bancaireachd Fhosgailte.
Credicorp runs as a digital lending platform built around real-time data. Open Banking feeds, credit reference information and automated credit decisions come together so a limited company or LLP can apply, be assessed and get an answer in minutes rather than days — with people stepping in where it matters most.
Mar a chumas sinn an dàta agad sàbhailte
- Crioptaichte fhad 's a tha e a' siubhal. Tha gach duilleag air an làrach seo — gach foirm, gach sgrìn portail, gach gairm API — air a fhrithealadh thar TLS. Coimhead airson a' ghlais-chrochaidh sa bhàr seòlaidh; mura faic thu e, stad agus cuir fios thugainn.
- Crioptaichte aig fois. Tha faidhlichean iarrtais, aithrisean banca, sgrìobhainnean dearbh-aithne agus clàraidhean ghairm air an stòradh air siostaman crioptaichte stèidhichte san RA. Tha raointean stòr-dàta anns a bheil comharran-aithne pearsanta cuideachd crioptaichte aig ìre na colbh.
- PDFan le ainm-sgrìobhte. Tha gach Aonta Iasaid Gnìomhachais agus Duilleag Fiosrachaidh Deatamach (KIS) a chuireas sinn a-mach na PDF a tha air a shoidhnigeadh gu didseatach agus a sheallas buaireadh. Ma thèid dad atharrachadh às dèidh dhuinn a chur, cha dearbh an t-ainm-sgrìobhte — faodaidh am banca, an cunntasair no am fear-lagha agad seo a dhearbhadh gu neo-eisimeileach.
- Loga sgrùdaidh slàn. Tha gach gnìomh brìoghmhor air an fhaidhle agad — cò choimhead air, cuin, agus dè a dh'atharraich — air a chlàradh ann an loga sgrùdaidh a tha a-mhàin airson cur-ris. Bidh sinn a' cleachdadh seo airson taic, airson rannsachaidhean ghearanan agus airson iarrtasan riaghlaidh.
- Glèidheadh le adhbhar. We keep information only as long as we need it for the purpose we collected it for. Typically around six years after a relationship ends. After that, the data is deleted.
What our AI does — automated credit decisions
Our AI decisioning system handles the full application assessment. Inside the application flow that means:
- Roinn aithrisean banca. Whether you upload a PDF statement or connect via Open Banking, the transactions are read, grouped and summarised by the AI in seconds.
- Lending decision. The combined picture from bank statements, credit reference data and AML screening is assessed by our AI against our published policy. The system makes the decision — approve or decline — within a few minutes.
- Ùrachaidhean inbhe iarrtais. Thèid innse dhut dè an ìre aig a bheil an t-iarrtas agad, ann an fìor-ùine, sa phortal agus tro phost-d. Gun bheàrnan sàmhach.
- Comharran an-aghaidh foill. Sgrùdaidhean fèin-obrachail àbhaisteach airson rudan mar chunntasan dùblaichte, lorgan-meòir innealan no lìonra amharasach, agus fiosrachadh dearbh-aithne neo-chunbhalach. Tha iad sin mu do dhìon fhèin agus ar dìon-ne — chan e comharran creideis a th' annta.
Ann am Beurla shoilleir: mar a tha einnsean co-dhùnaidh an AI ag obair.
Open Banking for UK business, explained
Open Banking is a regulated UK framework. It lets you authorise a third party to look at your bank account — read-only — or to initiate a payment on your behalf. We use it because it is faster than uploading PDFs, and the information comes straight from your bank, so there is nothing to mistype. It also gives our AI a richer, real-time view of your account activity than a credit reference file alone — a form of alternative data credit scoring that helps us assess a business fairly. Because the feed is live, we work from current trading patterns rather than a snapshot that may be weeks out of date. This real-time data lending approach is what lets a UK business get a clear answer quickly, while keeping you in control of access at every step.
Do chòir gus tarraing air ais
Faodaidh tu an t-ùghdarras Open Banking agad a tharraing air ais uair sam bith, an dàrna cuid am broinn a' phortail luchd-ceannach agad no gu dìreach tron bhanca agad. Às dèidh sin, cha chùm sinn ach geàrr-chunntas na h-aithris banca a chleachd sinn mar-thà airson a' cho-dhùnaidh — gun tuilleadh leughaidhean.
AI lending UK — how our decisioning system works
Our AI decisioning system is the authoritative decision-maker for creditworthiness and affordability assessments. It analyses bank statement data, credit reference information and AML screening results to reach a lending decision within minutes. Money-out (disbursement) is the only step that involves a manual release.
Airson am mion-fhiosrachadh slàn air na tha a' dol a-steach do cho-dhùnadh, faic How We Lend. Airson mar a làimhsicheas sinn luchd-iarrtais a tha a' dol tro àm doirbh, faic Vulnerability. Tha na foillseachaidhean riaghlaidh foirmeil air Legal & Compliance.
Leugh an ath rud: mar a bheir sinn iasad.
Common questions about our technology
What is an Open Banking loan UK?
An Open Banking loan UK is a business loan where the lender reads your bank statements through a regulated Open Banking connection rather than (or alongside) PDF uploads. Credicorp uses Open Banking to get a real-time view of company trading patterns, which speeds up the decision and can surface a clearer picture of affordability than a credit file alone.
Is Credicorp a fintech lender UK?
Yes. Credicorp is a UK-based digital lending platform — a technology lending platform UK-built and UK-focused — that uses AI credit decisioning, Open Banking data and automated AML screening to assess and fund business loans for UK limited companies, typically within the same working day.
What is data-driven lending and how does Credicorp use it?
Data-driven lending replaces manual document reviews with real-time data from Open Banking and business credit reference agencies. Our platform categorises bank transactions automatically and applies a published credit policy to produce a decision in minutes. The output is a consistent, auditable, and faster assessment than a purely manual approach.
How does alternative data credit scoring work?
Alternative data credit scoring supplements traditional credit files with real-time transaction data — in our case, Open Banking feeds covering at least 90 days of company bank activity. This lets our platform assess companies that may have a thin credit file but a clear, positive trading pattern.