Cloudsquare BankLink – Accurate Credit Decisions and Risk Analysis via Plaid
Direct Integration With Plaid, Built Natively on Salesforce.
- Run effortless cash flow analysis
- Make faster and more accurate credit decisions
- Fully automate your underwriting process
How Can Cloudsquare BankLink Help Your Risk Analysis Process?
Cloudsquare BankLink’s Features Give Companies a Holistic Picture of a Borrower’s Financial Health
- Our custom UI that goes above and beyond the competition, helping you see everything you need relating to the applicant’s transactions and balances, up to 24 months
- Removes the need for complex excel spreadsheets, formulas and lengthy cash flow analysis
- Competitors only parse data, they don’t help you make your process that much better
- Save underwriters hours of analysis
- Predefine certain thresholds and run the parsing through them. You define how it runs
- Auth: Account & routing numbers
- Balance: Real-time balance checks
- Identity: Bank account-holder information
- Transaction: Up to 24 months of categorized data
- Assets: Point-in-time snapshots of users’ finances
- All banking details are pulled and stored inside of the system
- Can be accessed from any contact or opportunity
- Applicants select the bank account, enter their credentials, and submit from desktop or mobile
- When authorized, the data is then sent direct from Plaid to Salesforce
- Takes only a matter of minutes once the borrower authenticates
- Details have been parsed down granularly, to the transaction level, for in-depth analysis and borrower transparency
- Configure important fields, such as low balance days and negative balance days
- Useable fields and custom objects allow automation can be easily created by the end user, and changed as necessary
- Based on your specifications and custom logic, approvals and declines can be fully automated.
A Better Way to Underwrite
Cloudsquare BankLink provides access to borrowers’ bank account data across 11,000 institutions worldwide, allowing lenders to see transactional data in real-time and for up to 24 months.
Our easy-to-use user interface saves underwriters hours of analysis, as details are not just parsed, but automatically run through our configurable Cash Flow UI to begin processing the results.
Fully built and easy to customize, Cloudsquare BankLink is ready to be integrated into your online application. Instantly get results along with the application, and if desired, plan an automated flow to analyze and make credit decisions.
We are proud to consider it one of the best bank account verification software in its software segment. You can make sure of that too!