Our Technology — Open Banking Loans and AI Lending UK
Our tech-enabled lending platform
Taith fer, mewn Saesneg plaen, o sut rydym yn cadw eich data'n ddiogel, sut mae ein system penderfynu AI yn gweithio, a beth yw Bancio Agored.
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.
Sut rydym yn cadw'ch data'n ddiogel
- Wedi'i amgryptio wrth deithio. Mae pob tudalen ar y safle hwn — pob ffurflen, pob sgrin porth, pob galwad API — yn cael ei darparu dros TLS. Chwiliwch am y clo clap yn y bar cyfeiriad; os nad ydych yn ei weld, stopiwch a chysylltwch â ni.
- Wedi'i amgryptio wrth orffwys. Caiff ffeiliau cais, datganiadau banc, dogfennau adnabod a recordiadau galwadau eu storio ar systemau wedi'u hamgryptio yn y DU. Mae meysydd cronfa ddata sy'n cynnwys dynodwyr personol hefyd wedi'u hamgryptio ar lefel y golofn.
- PDFs wedi'u llofnodi. Mae pob Cytundeb Benthyciad Busnes a Thaflen Wybodaeth Allweddol (KIS) a gyhoeddwn yn PDF wedi'i lofnodi'n ddigidol sy'n dangos ymyrraeth. Os caiff unrhyw beth ei newid ar ôl i ni ei anfon, ni fydd y llofnod yn gwirio — gall eich banc, cyfrifydd neu gyfreithiwr gadarnhau hyn yn annibynnol.
- Cofnod archwilio llawn. Caiff pob gweithred ystyrlon ar eich ffeil — pwy edrychodd arni, pryd, a beth a newidiodd — ei chofnodi mewn cofnod archwilio atodi-yn-unig. Rydym yn defnyddio hwn ar gyfer cymorth, ar gyfer ymchwiliadau cwynion ac ar gyfer ceisiadau rheoleiddwyr.
- Cadw â phwrpas. 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:
- Categoreiddio datganiadau banc. 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.
- Diweddariadau statws cais. Cewch wybod ym mha gam y mae'ch cais, mewn amser real, yn y porth a thrwy e-bost. Dim bylchau tawel.
- Arwyddion gwrth-dwyll. Gwiriadau awtomataidd safonol ar gyfer pethau fel cyfrifon dyblyg, olion bysedd dyfais neu rwydwaith amheus, a gwybodaeth adnabod anghyson. Mae'r rhain ynghylch eich amddiffyn chi a ni — nid arwyddion credyd ydynt.
Mewn Saesneg clir: sut mae'r peiriant penderfyniadau AI yn gweithio.
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.
Eich hawl i ddirymu
Gallwch dynnu'ch awdurdodiad Open Banking yn ôl ar unrhyw adeg, naill ai y tu mewn i'ch porth cwsmeriaid neu'n uniongyrchol drwy'ch banc. Ar ôl hynny, rydym yn cadw dim ond y crynodeb datganiad banc a ddefnyddiwyd eisoes ar gyfer y penderfyniad — dim darlleniadau pellach.
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.
Am fanylion llawn yr hyn sy'n mynd i mewn i benderfyniad, gweler How We Lend. Am sut rydym yn trin ymgeiswyr sy'n mynd drwy gyfnod anodd, gweler Vulnerability. Mae'r datgeliadau rheoleiddiol ffurfiol ar Legal & Compliance.
Darllenwch nesaf: sut rydym yn benthyca.
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.