Tink: Launches Expense Check to improve affordability analysis
- Tink announced the launch of its new product Expense Check
- Designed to simplify and streamline the customer affordability verification process for lenders
- Powered by open banking, the solution lets banks and lenders seamlessly verify customers’ affordability in a matter of minutes
- Provides lenders an up-to-date and verified view of fixed and discretionary spending
- The product also enables regular affordability reviews, helping lenders meet their regulatory requirements
- Launching in the Nordics and the UK, Expense Check will then be rolled out more widely across Europe
