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Aryza Releases Product to Automate Credit Limit Increases

Aryza releases product to automate credit limit increases

Aryza, experts in the development of flexible financial software solutions, has announced enhanced functionality for its Debtsense customers.

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This will allow financial businesses to review their customers affordability and propose automated changes to their credit limit based on their own rules, that are built into the system.

Incorporating technology such as open banking, AI-informed decision making and intuitive customer platforms, the Debtsense suite of products are designed to automate and simplify the financial restructuring and recovery journey for consumers.

The complete, white label solution can be configured to ensure it is aligned with any business’s strategic approach or brand needs, including customised messaging, branding and tone of voice. It is also light touch in terms of IT integration, and minimal development effort is required to run a proof of concept.

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Commenting on the development, Andy Taylor CMO at Aryza, said:

“Aryza began working on the Debtsense family of products over three years ago, determined to harness the power of open banking and bureau scores, and develop an accurate way for consumers to define their true level of affordability.

“Over time we noticed our customers’ needs evolving and we were keen to ensure our products continued to meet their requirements. Via the new tool consumers can set up a profile, build a budget and review their credit options within minutes, as well as gaining a greater understanding of their credit limit and level of affordability.”

For consumers, setting up a profile is quick and easy, and once security checks are complete the system can build a tailored budget, considering monthly income and expenditure to find out if an individual’s credit limit can be increased.

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