Case Study: Alma makes real-time credit decisions with Powens Bank API

With Bank, Alma makes credit decisions in real-time

Alma, the BNPL add-on for retailers, needed a fast way to validate deferred-payment and installment requests while reducing fraud and keeping checkout seamless for merchants. To solve this, Alma turned to Powens and its Bank API to assess customers’ creditworthiness in real time using banking data.

With Powens’ Bank product, Alma can retrieve PSD2-compliant, tamper-proof bank information in less than a minute, analyze income stability, and make instant funding decisions. The integration was completed in just one day, helped Alma optimize positive decisions without increasing risk, supported inclusion of customers outside traditional credit profiles, and contributed to more than 6,000 merchants using the service and over €1 billion in annual transaction volume.

Alma

Louis Chatriot

Co-founder and CEO