Shift’s Streaming Data Service allows us to securely use a customer’s business data in a read-only format, to assess credit, set limits, and create future opportunities for limit increases as the business grows.
How it works:
- Streaming data builds and monitors the financial position of your customer’s business, by bringing together company ASIC data, business structure, risk insight, business and transaction data. This includes data relating to business sales, cash flow, balances, dishonours and conduct.
- The outcome is a live financial position of the business, so our products and platform experiences can be highly personalised. We also share this financial position information with you to enable you to have more holistic conversations with your customers.
- It can help you better understand the customer’s cashflow position, existing financial commitments and recent payment activity before deciding whether to proceed with an application.
