How predicting account histories with AI-based data analysis
opens up new ways of analyzing risk, identifying potential and assessing creditworthiness. Dr. Christian Reichmayr (fino.digital) sorts out how AI-based account data analysis helps financial service providers to minimize risks.
Kassel/Berlin, 24. Oktober 2024
The account switching pioneer fino digital has gained a prominent partner for its latest solution: The renowned real estate platform ImmoScout24 is the first to offer the digital change of address from the Kassel-based fintech company. This enables ImmoScout24 customers who have found a property via the platform to make the necessary change of address automatically and completely digitally. “As an account change provider from the very beginning, we also want to do pioneering work when it comes to changing addresses – and are delighted to be able to do this with one of the most renowned providers in the real estate sector,” explains Aleksandar Jeremic, Managing Director of fino digital.
For ImmoScout24, the top priority is the question of how the company can offer its platform users the greatest possible support in all real estate-related matters – and this also includes the smooth process of moving house, including a change of address. “With fino.digital, ImmoScout24 can be sure of having the partner with the greatest expertise in the field of data analysis on board,” adds Aleksandar Jeremic.
Previous, non-digital change of address solutions were limited to forwarding mail and parcels. On the one hand, this is limited in time, and on the other, it does not indicate who receives any information about the change of address. With the fino.digital solution, on the other hand, users have the transparency to whom their change of address is communicated and to whom it is not. In addition, there is no time limit on the digital change of address. “We are now applying what we have successfully done for years with digital account changes to address changes and are therefore also using the great opportunities that open banking offers us here,” Aleksandar Jeremic continues. For example, after logging into their account, users receive an overview of the contacts identified by the solution as relevant contractual partners on the basis of regular account transactions. This could be their employer, insurance company or telephone/mobile phone provider.
“Since fino.digital was founded in 2015, we have been convinced that life is reflected in the account. The information from the account transaction data therefore also creates added value in areas that are not primarily concerned with financial transactions. Rather, they are ideal for mastering general life challenges quickly and easily, such as those that arise when moving. With the digital change of address, we are once again demonstrating the great potential of open banking and data analysis and how we can make life easier for our customers and their users,” continues Aleksandar Jeremic.
About ImmoScout24
ImmoScout24 is the leading online platform for residential and commercial real estate in Germany. ImmoScout24 has been revolutionizing the real estate market for 25 years. Every month, around 19 million users search for a new home or suitable commercial space on the online marketplace or in the app. This is why around 90 percent of the target group are familiar with ImmoScout24. With its digital solutions, the online marketplace provides guidance and successfully brings together owners, agents and property seekers. ImmoScout24 is working towards the goal of processing real estate transactions digitally and thus making complex decisions easier for its users. ImmoScout24 has also been active on the Austrian residential and commercial market since 2012 and reaches around 3 million searchers every month.
About fino
fino’s roots lie in the first digital and fully automated account switching in the FinTech sector. Since its foundation in 2015, fino has grown steadily and is now a market-leading innovation driver in the technologies of account and data analysis, regulation, taxes and document management. For customers and partners, fino develops customized software solutions that create prospects for new business models in the B2B and B2B2C sectors.
fino digital is convinced that the future belongs to data-driven business models. As an expert in the field of account and data analysis, fino digital’s declared mission is to give value to data and transform it into high-quality insights through intelligent and forward-looking data analytics solutions.
More than 240 million transaction analyses carried out and cooperation with over 1,000 banks and more than 10,000 other partners impressively demonstrate the trust that numerous companies and institutions place in fino. Reference customers and partners include savings banks, VR banks, DATEV and Schufa. Further information at: fino.digital
Media contact
Sascha Grundmann
newskontor – Agentur für Kommunikation
Graf-Adolf-Straße 20
40212 Düsseldorf
Tel.: +49 (0) 211 / 863 949-21
E-Mail: sascha.grundmann@newskontor.de
