Data aggregation Archives - truID - Open Finance changes everything

AI OCR: The Foundation of Reliable Lending

May 13, 2026

Branch credit applications are now at least 𝟰× faster – 25-minute processes reduced to under 5-minute end-to-end assessments. Powered by truID’s AI OCR. Despite all the talk about APIs and digital channels, the reality is that most credit applications still start with documents: • Paper bank statements • Scanned PDFs • Downloaded eStatements uploaded in-branch […]

Financial Inclusion in South Africa: A Data Visibility Problem

May 13, 2026

Did you know that up to 70% of credit applications in South Africa are rejected? Not always because the risk is high, but often because financial visibility is low. Many economically active South Africans earn, spend and build businesses every day, yet remain poorly represented in traditional financial datasets. When the data lens is narrow, […]