XS2A.risk

What can the product do?

 

This product provides one-time access to the account data of a bank account in order to obtain an electronic account statement or to retrieve specific analysis results (individual ratios, such as risk characteristics or entire reports) via a selection of predefined analysis modules.

 

What happens?

 

The initial call by the provider specifies the scope of analysis to be performed on the data of the online banking account. The customer is then prompted to interact (login to online banking). After the customer has successfully logged in and, if necessary, selected the account (reference account), the desired results are made available to the provider for retrieval. For each analysis module, a specific result is available for retrieval. In addition, the results of the individual modules can also be summarised in a PDF document.

 

As an alternative, the account raw data can also be transferred directly from the provider to our system for analysis via the interface, without interaction with the end customer. (This function is currently in the beta phase.)   

 

What steps are included?

 

The following analysis modules can be used in this context:

 

electronic account statement (XS2A.account_snapshot)

 

This module provides access to the raw data from the account transactions of the reference account. The request can be filtered using appropriate filters (e.g. number of days, period). The results can be downloaded via an own URL, e.g. as PDF with the logo of the provider. Further details can be found in the interface documentation.

 

Account coverage (XS2A.balance_check)

 

You can use this module to check an amount against the current account balance of the reference account. Only the amount to be checked has to be transferred. The result is whether the amount is currently covered or not. Further details can be found in the interface documentation.

 

Account Balance Overview (XS2A.balance_overview)

 

This module can be used to query the current account balance, the available amount and any existing account limit for the reference account. The corresponding values are transferred as the result. Further details can be found in the interface documentation.

 

Overview of Account Movements (XS2A.cashflow_overview)

 

This module can be used to request information from the reference account on incoming and outgoing transactions and the lowest account balance in the relevant period. As a result, the corresponding values (total, number, amount) are transferred on a monthly basis. Further details can be found in the interface documentation.

 

Return debit memos (XS2A.chargeback_check)

 

This module is used to check whether return debits could be recognized on the reference account. As a result, the corresponding values (total, numbers) are transmitted. Further details can be found in the interface documentation.

 

Child benefit (XS2A.children_check)

 

This module is used to check whether child benefit payments could be identified in the reference account and thus the number of children can be inferred. The corresponding value (number) is transferred as the result. Further details can be found in the interface documentation.

 

Credit check (XS2A.credit_check)

 

This module is designed to support the credit application process by filtering the relevant tags within the turnover of the reference account, e.g. to determine only the income or housing costs of the end customer. Further details can be found in the interface documentation.

 

Direct Debit Check (XS2A.direct_debit_check)

 

Using this module and the metrics provided, the provider can determine the best date to execute a debit on the reference account in order to minimize the risk of default due to lack of account coverage. The amount to be verified is transferred at the time of the request. In addition, the period to be checked can be restricted. Further details can be found in the interface documentation.

 

Factsheet (XS2A.fact_sheet)

 

This module provides access to a summary of the most important information, income and expenses related to the requested account. The request can be filtered by the number of days using an appropriate filter. The results can be downloaded from a separate URL. Further details can be found in the interface documentation.

 

Name comparison (XS2A.name_check)

 

This module can be used to check a name against the name of the account holder of the reference account. Only the first name and surname to be checked/validated have to be transferred. The result is whether there is a match or not. Further details can be found in the interface documentation.

 

Planning usage (XS2A.overdraft_limit_check)

 

This module can be used to obtain information on the use of the overdraft limit of the reference account. As a result, various metrics (booking days, duration and amount of utilisation) are communicated. Further details can be found in the interface documentation.

 

Garnishments (XS2A.seizure_check)

 

This module is used to check whether the account in question is a garnishment account or a garnishment protection account, based on the account name of the reference account or on corresponding sales. Further details can be found in the interface documentation.

 

List of standing orders (XS2A.standing_orders_check)

 

With the help of this module all currently deposited standing orders can be queried. As a result, the number and respective information of the sender/receiver account and of the respective standing order itself (amount, purpose, execution) are communicated. Further details can be found in the interface documentation.

 

List of accounts (XS2A.all_accounts_check)

 

This module can be used to request a list of all accounts within the bank account. As a result, the IBAN and the account holder are returned. Further details can be found in the interface documentation.

 

Account status (XS2A.account_status_check)

 

This module can be used to request a list of accounts within the bank account. Basically it is differentiated whether the account status for the reference account or all accounts within the bank details is to be raised. In addition, the query can be filtered over a period of time in days. As a result, information is returned on the identification of the account or the account holder, the current account balance, account management, account turnovers and the quality of account turnovers. Further details can be found in the interface documentation.

 

Identification (XS2A.holder_identification_check)

 

This module can be used to check a list of names against the name of the account holder of all bank accounts. When making a request, only the first name and surname to be checked must be transferred. The result is whether there is a match for each account and transferred name. Further details can be found in the interface documentation.

 

Selection of account codes (XS2A.account_characteristics_check)

This module provides access to a summary of the most important account key figures (broken down by returned debit memos, collections, account movements, loans and other key figures) for the reference account requested. Further details can be found in the interface documentation.

 

Calculation Functions (XS2A.risk_calculations_check)

 

With the help of this module, you can simultaneously perform various arithmetic operations on the filtered turnover data of the reference account. The request can be filtered by the number of days or by a period and tags and/or categories. The following calculation functions are available:

 

  1. Sum
  2. number
  3. Minimum/maximum value
  4. median
  5. average
  6. Last value
  7. Minimum/maximum date
  8. Adjusted total
  9. Exists (yes/no)

 

The result is the corresponding result values of the arithmetic operations. Further details can be found in the interface documentation.

 

Dynamic Lists (XS2A.fact_sheet_lists)

 

This module can be used to create one or more lists of filtered turnover data for the reference account. The request can be filtered by the number of days and tags and/or categories. As a result some key figures per list are displayed (sum of the turnovers, available days, number of counter-accounts, number of turnovers). In addition, the comprehensive list of filtered account transactions and counter account holders can be downloaded via a separate URL. Further details can be found in the interface documentation.