--- title: Smarter Credit Risk Underwriting With Bank Data description: On Thursday 5th March, DirectID were joined by our Credit Risk expert, Chris O'Driscoll, to present the webinar 'Smarter Credit Risk Underwriting With Bank Data'. image: https://blog.atto.co/hubfs/credit-risk-webinar-header.png --- [![5dd3eb0822bee1190149139b\_DirectID-RGB-White-p-500](https://uploads-ssl.webflow.com/5d9c48a81d570753a2de5b92/5dd3eb0822bee1190149139b_DirectID-RGB-White-p-500.png "5dd3eb0822bee1190149139b_DirectID-RGB-White-p-500")](https://directid.theidco.com) - [Solutions](https://www.direct.id/insights) - [Affordability](https://www.direct.id/products/insights-affordability) - [Income verification](https://www.direct.id/products/insights-income-verification) - [Categorisation & classification](https://www.direct.id/products/insights-categorisation-classification) - [Emerging financial distress](https://www.direct.id/products/insights-emerging-financial-distress) - [SME financial health](https://www.direct.id/products/insights-sme-financial-health) - [Bank account verification](https://www.direct.id/use-cases/bank-account-verification) - [Use Cases](https://www.direct.id/use-cases) - [Credit risk decisioning](https://www.direct.id/use-cases#credit-risk-decisioning) - [Risk modelling](https://www.direct.id/use-cases#risk-modelling) - [Origination & onboarding](https://www.direct.id/use-cases#origination-onboarding) - [Portfolio risk management](https://www.direct.id/use-cases#portfolio-risk-management) - [Collections & recoveries](https://www.direct.id/use-cases#collection-recoveries) - [Company](https://www.direct.id/resources) - [About](https://www.direct.id/about) - [Careers](https://www.direct.id/company/careers) - [Contact](https://www.direct.id/about/contact) - [Blog](https://blog.theidco.com/) - [Customer Stories](https://blog.theidco.com/customers) - [Coverage](https://www.direct.id/about/bank-data-coverage) - [Developer Docs](https://docs.direct.id/) - [Book A Demo](https://www.direct.id/demo) # Smarter Credit Risk Underwriting With Bank Data Presented by Liam Thomson [DirectID Webinars](https://blog.atto.co/webinars) [Credit Risk](https://blog.atto.co/webinars/tag/credit-risk) [Lending](https://blog.atto.co/webinars/tag/lending) **On Thursday 5th March**, DirectID were joined by our Credit Risk expert, Chris O'Driscoll, to present the webinar '**Smarter Credit Risk Underwriting With Bank Data'.**  Underwriting is always evolving to be more effective and accurate. However, over the last decade progress around Credit Risk assessments has stagnated and businesses are often left solely relying on aged credit data and self-asserted income. Where CRA data falls short and self-asserted affordability proves unreliable, Underwriters can use bank data to make smarter Credit Risk decisions and overcome their key challenges. These are:  - Accurately assessing an applicants affordability - High operational costs - Fraud reduction - Risk identification At DirectID, we've been working with bank data for over 10+ years and are vastly experienced in helping lenders address their pain-points and increase the overall efficiency of their business. In this webinar, our Credit Risk expert, Chris O'Driscoll, outlined how Underwriters can transform their Credit Risk Underwriting using Open Banking Data.  If you are having trouble viewing the registration form below, [please click here.](https://www.crowdcast.io/e/smarter-credit-risk) powered by Crowdcast       *Blog published Feb 25, 2020 - Written by [Liam Thomson](https://blog.atto.co/webinars/author/liam-thomson)* [Credit Risk](https://blog.atto.co/webinars/tag/credit-risk) [Lending](https://blog.atto.co/webinars/tag/lending) ## Related Webinars [View more webinars](https://blog.atto.co/webinars) ## [Redefining Credit Risk: Insights for Lenders](https://blog.atto.co/webinars/redefining-credit-risk-insights-for-lenders) Liam Thomson Join the demo of our award-winning credit risk insights platform. We'll be dissecting the relevant use cases and showcasing its unrivalled capabilities. [View this webinar](https://blog.atto.co/webinars/redefining-credit-risk-insights-for-lenders) ## [Validating Assumptions on the use of Open Banking Data](https://blog.atto.co/webinars/validating-assumptions-on-the-use-of-open-banking-data) Liam Thomson Join an interactive discussion with credit union executives hosted by James Varga, CEO of DirectID and Constant AI President, Carissa Robb. [View this webinar](https://blog.atto.co/webinars/validating-assumptions-on-the-use-of-open-banking-data) ## [Covering the Full Credit Lifecycle: A Story of Bank Data](https://blog.atto.co/webinars/covering-the-full-credit-lifecycle) Liam Thomson In this webinar, we will explore using bank data to help lenders make accurate, timely, and confident decisions at every stage of the credit risk lifecycle [View this webinar](https://blog.atto.co/webinars/covering-the-full-credit-lifecycle) # Subscribe to our blog Subscribe today and we'll keep you up to date with the latest FinTech blogs, product updates, customers stories and news headlines. 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