Qwist

𝗠𝗶𝘀𝘀𝗲𝗱 𝗼𝘂𝗿 𝗥𝗶𝘀𝗸 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗟𝗮𝘂𝗻𝗰𝗵 𝗣𝗮𝗿𝘁𝘆? 𝗡𝗼𝘁 𝘁𝗼 𝘄𝗼𝗿𝗿𝘆!  In our webinar we will be happy to serve you the bits and pieces of information again - also with a good dose of fun - promised! Save the Date now! 🎦 Know Risk, More Fun - Better risk decisions with real-time financial data 🎙 Batuhan, Product Manager Risk Insights 🎙 Felix, VP Product & Operations 📅 03.09.2024 🕚 11 am Looking forward to seeing you there! Best, Kim Your trusted moderator 😉

😱 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗲, 𝗔𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰𝗮𝘁𝗲, 𝗚𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 - 𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝘃𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗥𝗶𝘀𝗸 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗵𝗮𝘀 𝗻𝗲𝘃𝗲𝗿 𝗯𝗲𝗲𝗻 𝘁𝗵𝗶𝘀 𝗲𝗮𝘀𝘆!😍 With our Risk Insights solution, you can enhance credit checks by utilising up-to-date information about applicants' risk behaviour and spending habits. This information is derived from real-time transaction data analysis. As a result, you can offer end users a swift, hassle-free experience through a seamless, fully digital application process. Let’s double down on that and let us provide you with 3 beneficial key product features: 1️⃣ 𝗙𝗶𝗿𝘀𝘁-𝗹𝗲𝘃𝗲𝗹 𝗰𝗵𝗲𝗰𝗸 𝗼𝗳 𝗲𝗻𝗱 𝘂𝘀𝗲𝗿’𝘀 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 We develop our own logic of pre-screening calculations and support you to obtain a preliminary idea about your end user’s financial stability. 2️⃣ 𝗠𝗼𝗱𝘂𝗹𝗮𝗿 & 𝗳𝗹𝗲𝘅𝗶𝗯𝗹𝗲 𝗸𝗲𝘆 𝗳𝗶𝗴𝘂𝗿𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻 You have the flexibility to select the most relevant risk indicators that serve your specific use case. 3️⃣ 𝗔𝗰𝘁𝗶𝗼𝗻𝗮𝗯𝗹𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 We help you break down each indicator to obtain further insights about why you were granted one key indicator or the other. And not to be too self-centered, but we are experts in handling financial data and providing valuable insights from different market dynamics and relevant data sources - So now it is your turn to leverage that for your company gains. Interested in knowing more? Drop us a message! #Qwist #ProductLaunch #RiskInsights #ProductFeatures

Ready to join our Product Management team in the Product department and the Product Team? We have an exciting hybrid opportunity at Qwist, based in any of our locations in Berlin, Hamburg, or Munich, or fully remote from Spain, Italy, or Poland. 🌟 Join as a Product Manager (All genders) 🌟 🚀 Are you passionate about developing market-leading fintech applications and shaping Open Finance solutions with your cross-functional team? Eager to help financial institutions open up via API and actively shape the future of financial services? Skilled in vision and strategy development, product discovery, and collaborating closely with Sales, Marketing, Support, IT-Operations, and Engineering? Capable of engaging with customers and partners, and reporting directly to the VP Product? 💻 Join us at Qwist and make a difference by developing groundbreaking products and empowering everyone to access fair and transparent financial services! Explore the full job description below and step into our open finance strategy! 💪

Thinking of applying to Qwist and ever wondered if Software Engineering is the right job for you? Are you interested in seeing what goes on behind the scenes of an open banking company? Well, look no further! In this interview series, we're providing you with an answer to these questions! 🗣️ In our fifth episode, we sat down with Tom Walford, our Senior Software Engineer, who provides his insights and perspective on his role, the switch from ndgit to Qwist, his collaboration with other teams and why his role is attractive for people looking to apply to a similar position. Stay tuned for more exciting insights from some of our talented team representatives! Your Qwist journey starts here 🚀 #Qwist #BehindtheScenes #SoftwareEngineer

🚀 Know, and have insights into the risks involved, have more fun in your banking ventures! 🚀 Last week, we had a great, well-organised evening at the launch event for our new 'Risk Insights' product! Thank you to our commercial, product and marketing teams for contributing and organising Mara Poloni, Daniel Koenen, Tabea Cox, Carina Glöckner, Ezgi Saraykoylu, Eman Asmatyar, Benedikt Beyer, Marc-Andre Bewernik, Nicola Breyer, Marvin Kraner. It was a pleasure to hear from our CEO Matt, product experts Felix and Batuhan, and our VP Account Management Tamana about the features and benefits of 'Risk Insights.' Thank you also to our customers and partners for attending! Felicitas Fath, Anja Speer, Bingting Lai, Oliver C. Lange, Jörg Langer, Miriam Kockler, Hassan Oyeyemi, Andreas Tietjen, Friso Roscam Abbing The turnout was fantastic, ending with drinks, networking, and food on our office rooftop at sunset 🥂 Check out the video recap for highlights! 🎥 Thirsty for more? Keep your eyes peeled for an upcoming webinar 👀 #ProductLaunch #RiskInsights #Networking #TeamWork #CustomerSuccess #EventRecap

"Have you tried turning it on and off though?" Celebrating our amazing System-Administrators and little helpers who have been saving our a**** since the beginning of (digital) time! 💙 Kudos to you and your nerves when all we had to do was let our computer update itself... 😇 When have you last thanked your Tech-Team? #Qwist #MemeMonday #HappySysAdminappreciationday #DigitalFirefighters #ITCrowd

𝗗𝗿𝘂𝗺𝗿𝗼𝗹𝗹 𝗽𝗹𝗲𝗮𝘀𝗲 🥁 We’ve simmered on this project for long enough and it is time to announce: 📢𝗪𝗲 𝗮𝗿𝗲 𝗼𝗳𝗳𝗶𝗰𝗶𝗮𝗹𝗹𝘆 𝗹𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 𝗼𝘂𝗿 𝗥𝗶𝘀𝗸 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻! 𝗪𝗵𝘆 𝗵𝗮𝘃𝗲 𝘄𝗲 𝗮𝗱𝗱𝗲𝗱 𝘁𝗵𝗶𝘀 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝘁𝗼 𝗼𝘂𝗿 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼? Traditional risk assessment methods often lag real-time financial behaviours, limiting the accuracy and effectiveness of credit and risk decisions. 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗤𝘄𝗶𝘀𝘁’𝘀 𝗥𝗶𝘀𝗸 𝗜𝗻𝘀𝗶𝗴𝗵𝘁 𝗱𝗼? Risk Insights leverages comprehensive, real-time financial data to offer dynamic, accurate risk assessments for informed decision-making across industries. 𝗪𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝗥𝗶𝘀𝗸 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗱𝗼 𝗳𝗼𝗿 𝘆𝗼𝘂? 𝗙𝗼𝗿 𝘀𝘁𝗮𝗿𝘁𝗲𝗿𝘀: 1️⃣ +40% accuracy in risk assessment  2️⃣ 30% reduction in operation costs 3️⃣ 10x faster risk decisioning Stay tuned for more insights or if you can't wait, just reach out! #Qwist #Risk #Fraud #OpenFinance #FinancialData

🌟 Qwist chronicles: the need-to-know of embedded finance 🌟 Aaaaaand brought to you again by Marvin. This time, on interest rates and embedded finance! Marvin, you have the floor. Interest rates impact borrowing costs and savings returns. Lenders use interest to manage investments and risk, while banks attract deposits to lend out. Rates can be fixed (stable throughout a loan) or variable (changing with economic conditions), and methods include simple (on the principal) and compound interest (on principal plus accrued interest). Private loans have two rates: nominal (stated) and effective annual rate (EAR), which accounts for compounding. For example, a 6% nominal rate compounded monthly has a higher EAR, reflecting the extra cost from frequent compounding. Bank rates are influenced by central banks like the European Central Bank (ECB) or Federal Reserve. Key rates, primarily the interest rate on the main refinancing operations (MRO), are the central banks' main tool for controlling inflation and the overall economic situation. Higher rates curb lending and the money supply, reducing inflation. Alternatively, lower rates boost lending and increase inflation. Interest rates vary by loan product. Mortgages have lower rates, while short-term, unsecured loans from providers like PayPal or Klarna have higher rates due to higher risk and costs. Fun fact: Today’s rates are lower than in the past. In the early 1980s, the federal funds rate peaked at 20%! Fed chair Paul Volcker hiked rates in 1980-81 to quell inflation, leading to decades of lower inflation. #EmbeddedFinance #InterestRates #RiskInsights #EconomicImpact

𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝗹𝗲𝘃𝗲𝗹 𝗼𝗳 𝗿𝗶𝘀𝗸 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁! Out now finally: Our new product Risk Insights 🎉 👉 With Risk Insights, you can improve your risk and customer management through the evaluation of real-time financial data and valuable insights. Discover the untapped treasures lurking in your customers' financial data and learn how you can uncover them: Find out more in  this very nicely designed product news in the IT Finanzmagazin. ⏬ Have a read ⏬ #Qwist #ProductLaunch #FinancialData #RiskManagement

Don't miss out! In less than ten days, we will officially launch our new product, Risk Insights. Of course, this is a reason to celebrate - Do you want to join? 𝗪𝗵𝗼 𝗶𝘀 𝗶𝘁 𝗳𝗼𝗿? Companies in the sectors of Lending, BNPL, Proptech, Insurtech, E-Commerce, Gambling, and more 𝗪𝗵𝘆? 🔍 40% more accurate risk assessments 💰 30% cost savings ⚡ 10x faster processes 𝗪𝗵𝗲𝗻 & 𝗪𝗵𝗲𝗿𝗲? July 25, 2024, in Berlin Interested and excited to learn more about Risk Insights? Do you want to connect with one of our experts directly? Joining to network with you will be among others Matt Colebourne, Batuhan Bekir Gültekin, Tamana Rahimi, Carina Glöckner, Felix Kubicek-Unger, Eman Asmatyar, Marvin Kraner, Marc-Andre Bewernik and Benedikt Beyer. Register now using the following link in the comments for one of the limited spots! https://lnkd.in/exH8CW9u #Qwist #RiskInsights #ProductLaunch #FinancialData