Equifax UK has announced a strategic partnership with Render to introduce Clear Decision, an advanced data decisioning platform designed to help lenders make faster, more accurate lending decisions. The platform integrates Equifax’s credit bureau data with categorized open banking insights, offering a complete picture of an applicant’s financial situation.
Clear Decision aims to revolutionize how lenders assess affordability and creditworthiness—especially for marginal or borderline credit applications. Traditionally, lenders rely on credit bureau data during the initial assessment and turn to Open Banking insights only in complex cases. This new solution streamlines and automates the data combination process, eliminating manual steps, reducing underwriting errors, and saving time.
The platform supports decision-making across all major lending sectors, including:
- Mortgages
- Retail finance
- Motor finance
- Unsecured credit
It also includes fraud detection tools, helping lenders identify and prevent fraudulent applications more efficiently.
Stephen Maitland, Director of Partnerships and Strategic Alliances at Equifax UK, commented:
“Lenders today face growing pressure to deliver stronger consumer outcomes. Gaining a deeper understanding of customer affordability—particularly in marginal lending scenarios—is more important than ever. Open Banking remains underutilized across the industry, and Clear Decision helps address that gap. It will boost operational efficiency, promote financial inclusion, and allow lenders to approve more customers with confidence.”
Jonathan Mascie-Taylor, Chief Commercial Officer at Render, added:
“We’ve already built a strong relationship with Equifax through our lending arm, Abound. This new platform is a natural progression, leveraging Equifax’s industry-leading Open Banking technology. Clear Decision can be a game-changer, making open banking more accessible and transforming decision-making at scale.”
With Clear Decision, Equifax and Render are setting a new standard for lending intelligence—empowering lenders to make smarter, faster, and more inclusive credit decisions.
—————————————————————————————————
About Innovation Streets:
Welcome to InnovationStreets.com! Get the latest insights from the finance and technology industries. Discover industry updates on fintech innovations, regulatory developments, industry insights, events, and collaborations between banks, insurers, and fintechs. A platform for C-level executives to submit thought leadership content for their peers. Subscribe for updates!
