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New credit assessment service for Buy Now, Pay Later transactions | TheGreekDeal.com
Tiresias Smart Check
New credit assessment service for Buy Now, Pay Later transactions
With Tiresias Smart Check, information is transmitted automatically and securely 24/7 via API, with the reliability of Tiresias' data
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Petros Kapasouris, CEO, Tiresias

Tiresias, responding to the need for more flexible and fast credit assessment services available 24/7, created the Tiresias Smart Check service.

The new service is primarily aimed at financial institutions offering microloans through the 'Buy Now, Pay Later' model, providing financial behavior data for prospective borrowers per transaction, according to the credit assessment model adopted by each institution.

The Tiresias Smart Check allows financial institutions to tailor the data they receive for each financing request, reducing the cost and time of credit assessment and providing their services efficiently and quickly.

Thus, a financial entity can now assess immediately, at the time of the transaction, a request, receiving the necessary data each time, depending on whether it is, for example, a small purchase of €150 or a larger one of €3,000. With Tiresias Smart Check, information is transmitted automatically and securely 24/7 via API, with the reliability of Tiresias' data.

Tiresias Smart Check is added to the new services gradually provided by Tiresias to financial institutions to support electronic loan and card applications, such as the 24/7 service, through which banks and financial institutions have access to consolidated information from agreed-upon files each time, 24 hours a day, 7 days a week.

Mr. Petros Kapasouris, CEO, stated, 'Tiresias continues its digital transformation and is committed to providing innovative solutions that support the needs of the modern digital economy. The goal of the new services is to contribute to the immediate and better service of customers, minimizing the time of credit assessment and seamlessly integrating it into the user experience of electronic transactions, anytime and anywhere.'

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