Banking API — Lending
Auto-Fill Loan Applications with Banking Data
Pre-fill loan applications automatically using verified banking information. Reduce application time from 30 minutes to 3 minutes with intelligent data extraction.
Loan applications require extensive personal and financial information. Fiskil automatically extracts verified data from banking transactions to pre-fill applications, dramatically reducing completion time and improving accuracy.
The Challenge
Manual data entry creates friction, leading to high abandonment rates and inaccurate information.
The Solution
Automatically extract and pre-fill application fields using verified information from bank accounts and transactions.
Capabilities
How Fiskil Helps
Personal Information Extraction
Extract name, address, contact details, and date of birth from account information.
Employment Details
Identify employer name, employment length, and income from transaction patterns.
Income Calculation
Automatically calculate income from salary deposits and other income sources.
Expense Analysis
Summarize expenses by category to pre-fill living expense fields.
Implementation
How It Works
Connect Bank Account
Applicant clicks "Connect Bank Account" and authorizes access through CDR consent.
Extract Application Data
API analyzes transactions and account details to extract required application fields.
Prefill Form Fields
Application form is automatically populated with verified information from banking data.
Review and Submit
Applicant reviews pre-filled data, makes any corrections, and submits in minutes.
In Practice
How Teams Use This
Personal Loan Platform
A loan marketplace uses prefill to reduce application completion time.
Application time reduced from 28 minutes to 4 minutes, conversion up 55%.
Mortgage Broker Portal
A broker platform pre-fills mortgage applications with verified financial data.
Application accuracy improved by 85%, reducing bank decline rates.
Business Lending Platform
A business lender prefills applications using business banking transaction data.
Approval time reduced from 7 days to 2 days with verified data upfront.
Technical Details
What You Integrate With
API endpoints
POST /loan-application/prefillGET /accounts/{accountId}/application-dataPOST /application-data/extractGET /prefill/{sessionId}/data
Data returned
Personal details
Employment information
Income sources
Expense breakdown
Existing commitments
Assets and liabilities
Authorisation
OAuth 2.0 / CDR consent
Real-time data access.
Ready to get started?
Get your API keys today and start building with Fiskil's Banking API.
FAQs
Related Use Cases
Fintech
Account Aggregation
Enable users to connect and view all their bank accounts in one place. Fiskil's account aggregation API provides real-time access to accounts, balances, and transactions from 200+ banks, lenders and energy providers across Australia and New Zealand.
Lending
Income Verification
Verify applicant income instantly using real bank transaction data. Fiskil's income verification API reduces loan processing time and improves accuracy.
Lending
Affordability Check
Calculate loan affordability using real cash flow data. Ensure responsible lending with automated affordability checks based on income, expenses, and existing commitments.
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