Planky writes

Welcome to our blog

Transaction Categorization Engine – How Is It Made?

One of the biggest challenges today’s companies face is how to effectively analyze and use massive amounts of data that they process in their systems. Producing real-time insights and actionable recommendations requires smart data management, especially when it comes to financial and transactional information. This is where a key part of banking comes into the picture – transaction categorization. It can work miracles for improved transaction enrichment.

Revolutionizing Auto Finance: The Role of Open Banking

Auto finance is one of the sectors that have been prominently benefiting from open banking by revolutionizing how auto finance lenders operate, leading to enhanced customer experiences, streamlined processes, and heightened transparency.

We have launched a new Credit Decision Tool at Planky!

Planky empowers your business by designing, building, and deploying automated workflows that save you time and create operational efficiencies. Our no-code solution puts the power of automated decisions in the hands of any business.

How do lenders use open banking?

Over the last few years, Open Banking has been a buzzword in the financial industry, with many touting it as the future of banking. While the benefits to the customers are significant, Open Banking is also proving to be a game-changer for lenders. In this blog, we will take a look at how Open Banking is helping lenders.

How to streamline reconciliation process with open banking

With Planky API, businesses can streamline their reconciliation process and save time and resources. By automating the reconciliation process, businesses can avoid errors and reduce the risk of non-compliance with accounting regulations.

Unity Auto Finance and Planky Join Forces to Transform Auto Finance with Open Banking.

We are thrilled to announce our partnership with Unity Auto Finance, an auto finance company dedicated to providing customers with a simple, quick, and secure car-buying experience. Our collaboration with Unity Auto Finance has enabled them to leverage the benefits of open banking and make informed, data-driven decisions for their customers.

How to Migrate to Planky from Credit Kudos?

Planky is your number one alternative to Credit Kudos. A leading open banking provider, we offer all the open banking services you would have been enjoying with Credit Kudos

Planky Open Banking Partner with Y3S Group!

As a mortgage broker, the Y3S Group knows that time is of the essence in getting customer mortgages approved as soon as possible. Indeed, their service proposition is based around speed including a one hour turnaround on a mortgage decision.

Planky New Features!

At Planky, we continuously work hard to keep innovating, improving and transforming our open banking solutions to benefit you and your business. That’s why we’re delighted to announce our new exciting features.

FriendlyScore just got better!

Here at FriendlyScore we are constantly looking for new ways to improve our services and deliver you the most cutting edge solutions. We recently made several improvements to our scores to give you the clearest picture of financial credibility and liquidity yet.

Redefining Creditworthiness

By expanding the scope of traditional credit risk assessments, FriendlyScore enables borrowers to make more financially inclusive lending decisions, especially regarding the often underserved group of near-prime customers.

Open banking. Let us make things simple.

Integrating third-party open banking software into an existing platform can be a lengthy and complex procedure that interferes with daily business. FriendlyScore’s web-based solution avoids this process altogether so your business can begin using open banking technology immediately.

FriendlyScore: Powering the Modern Credit Union

If you operate or work for a credit union (CU) you’ve likely heard of or are familiar with open banking, which enables members to quickly and securely share bank transaction data with a CU. And while it has proven to be a game-changer in the financial industry, your organisation may not yet be implementing it.