Introduction to Risk Insights
Multi-dimensional financial risk assessment from real transaction data - for credit scoring, underwriting, and monitoring.
Risk Insights
Risk Insights turns a user's transaction history into a structured risk profile. Instead of relying on static credit bureau data, you get real-time signals from how a person actually manages their money: income stability, expense patterns, overdraft behaviour, gambling activity, loan obligations, and debt collection.
Use it for credit origination, ongoing credit monitoring, insurance underwriting, or any decision where you need a verified financial risk picture.
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Why Risk Insights?
Traditional risk inputs each have a blind spot. Transaction data closes them.
| Credit bureau | User-provided | Internal data | nrich Risk Insights | |
|---|---|---|---|---|
| Up-to-date | ✗ | ✓ | ✓ | ✓ |
| Complete | ✗ | ✗ | ✗ | ✓ |
| Reliable (fraud-resistant) | ✓ | ✗ | ✓ | ✓ |
| Instant | ✓ | ✗ | ✓ | ✓ |
| Good user experience | ✗ | ✓ | ✓ | ✓ |
Credit bureaus are reliable but lag by weeks or months and exclude thin-file borrowers entirely. User-provided data (payslips, bank statements) is complete but easily falsified and slow to process. Internal data only covers your own products - you can't see what a borrower owes elsewhere.
nrich pulls verified transaction data directly from the bank, in real time, without any user document uploads.
What this solves
Lenders facing thin-file borrowers - Around 30-40% of adults in Europe have limited or no credit bureau history. Transaction data unlocks them: if someone has a stable monthly salary and no overdraft history, you can see it even if no bureau has scored them.
Fraud in affordability assessments - Manually-submitted documents (PDFs, screenshots) can be altered. Bank-sourced data cannot be modified by the applicant.
Missing risk signals - Bureaus don't capture gambling behaviour, cash-heavy spending patterns, or active debt collection. Risk Insights does, with category-level transaction aggregates across the full reporting period.
Slow underwriting - Manual income verification takes days. Risk Insights delivers a complete risk profile in under 2 minutes, from the moment the user connects their bank.
One-time vs ongoing access
Risk Insights supports both access modes.
Use for a single risk snapshot - for example, at the point of a loan application or during onboarding.
- nrich stores financial data for 1 hour after the user connects.
- You can fetch the report as many times as needed within that window.
- Data is automatically deleted after 1 hour.
Best for: credit origination, one-off affordability checks.
What the report covers
Regular and variable income streams, primary income source, recurrence, stability, and closeness to last payment.
Regular commitments (rent, subscriptions, loan repayments) and variable spending, each with ratio to income.
Average balances over 1, 3, and 6 months. Days spent in overdraft during the reporting period.
ATM withdrawals, gambling transactions, debt collection activity, and loan repayments - each with totals and ratio to income.
Optional - if you pass a name, the report includes an account holder match result (same algorithm as Account Verification).
Coverage
Risk Insights coverage
Available across all nrich AIS-supported countries