Worldline partners with RiskQuest to streamline credit checking

By Gloria Methri

Worldline has signed a partnership agreement with risk consultancy firm RiskQuest BV, part of the Zanders Group, to provide credit check processes specific to the Dutch market. Worldline and RiskQuest will join forces to create an open banking-based credit analysis that addresses consumer, private and SME lending and leasing in relation to the unique characteristics of the Dutch financial landscape.

Through this partnership, Worldline’s Credit Insight solution will incorporate RiskQuest’s market expertise, bolstering the services available to Worldline customers.

Combining RiskQuest’s experience and insights on the Dutch financial environment with Worldline’s global status as an innovative partner for payment services, this partnership will leverage their joint capabilities and further enhance Worldline’s Credit Insight solution, which was launched last year.

Creating a credit risk analysis solution adapted to the unique needs of the Dutch market and available in a single API eliminates the need for multiple connections and formats from and towards banks. This means that customers can connect to 3,500+ banks in 20 European countries through a single API connection.

Besides this large open banking reach and all associated benefits, this solution offers several advantages, such as instant views of customer financial positions, affordability, and risks – directly from bank data.

Clement Jozwiak, Head of Products Financial Services, said, “We are excited to partner with RiskQuest to harness the synergies of Worldline’s open banking platform. This partnership allows us to deliver a best-in-class solution tailored to the unique demands of the Dutch market. Together, we share the ambition to revolutionise credit risk management, providing lenders, leasing providers and financial institutions with an efficient, innovative, and seamlessly integrated credit assessment experience.”

Hans Heintz, Director at Zanders Group, said, “We look forward to entering into this strategic agreement with Worldline. Our deep understanding of the intricacies of the Dutch financial system, combined with Worldline’s comprehensive open banking capabilities, positions us to offer an exceptional credit assessment product. Both companies are committed to empowering Dutch lenders with cutting-edge, secure, and instant credit insights, paving the way for a transformative approach to credit risk management in the Netherlands.”