Innovation has always been at the heart of the Meelo reactor. Our teams constantly postpone the limits of artificial intelligence and machine learning to offer ever more reliable and efficient fraud solutions. The integration of the catboost into our algorithms arsenal is perfect proof. This boosting model, among the most advanced on the market, allows us to provide fraud of unrivaled precision. Discover exclusively all the advantages of our secret boot.
Open Banking, a constantly evolving concept, has profoundly changed the financial landscape in Europe. This movement was catalyzed by progressive regulations aimed at opening the doors of financial data to third parties, and it has brought significant advantages to many economic sectors. In this article, we will explore the ins and outs of Open Banking, its implications for the precision of solvency scores, as well as its practical applications in various fields.
At Meelo, we have chosen to integrate strong values of social responsibility at the heart of our economic model. By becoming a company labeled B Corp, we affirm our commitment to combining economic performance and positive impact on the company.
In this article, inspired by the Podcast Tocaté#9, discover how B Corp is a real engine to structure our societal commitment, strengthen financial inclusion and prevent impregnation.
Open banking, made possible by the PSD2 directive, opens up new perspectives for businesses, in particular thanks to the notion of continuous access. From now on, financing, credit, BNPL (Buy Now Pay Later) companies as well as rental companies can maintain regular access to a customer's banking data over a period of 180 days, as provided for by the PSD2 directive of 2022. Although this extension to 180 days was included in the directive from 2022, its effective implementation, initially limited to 90 days, was only adopted by banks from spring/summer 2024. Meelo, anticipating this evolution, has positioned itself as a key player in the field, offering complete consent management, unrivaled categorization of transactions and an efficient solvency score to optimize customer journeys and prevent risks .
In this article, we'll explore the main reasons why integrating open banking continuous access into your customer journeys is a winning strategy, also discussing the unique benefits that Meelo can bring to this solution.