What is InvestmentLink™ and why you'll love using it.
Credit Ready
All bank statements. In seconds.
Dealing with the ever-increasing com
pliance and paperwork required to submit a loan can feel like a colossal chore and place a significant burden on our clients. And expense verification can be time-consuming even for the most organised borrowers.
So, we’ve teamed up with InvestmentLink™ — a beautifully designed, simple-to-use tool that will help our clients provide bank statements in a matter of seconds.
Automatically analyses expenses
As well as retrieving the bank statements, InvestmentLink™ will gather up to 12 months of transaction data and provide a detailed analysis across all key spending categories.
How does it work?
It couldn’t be any easier. We’ll generate an invite for you to provide your statements. You will receive an email and SMS to begin the process on your desktop or device.
Within a few clicks, you'll be securely connected to your bank accounts. The Fync finance team will receive 12 months' statements for each account and a detailed living expense analysis for your loan application.
Is it secure?
Yes. InvestmentLink™ uses the highest levels of security and bank-level encryption. Your credentials are permanently deleted as soon as the statements are sent to us. However, if you are still concerned, you can update your internet banking passwords after you have finished connecting your accounts.
Why do you need my bank login information?
We need online banking usernames and passwords to establish a secure connection with the bank, credit union or credit card company. This enables us to download statements automatically and securely.
How do you protect the usernames and passwords?
All personal information is entered through Secure Socket Layer (SSL/TLS), creating an encrypted connection between your browser and our servers. This information is always encrypted. This means all account passwords and user IDs are protected like your bank.
How is the account information protected during transmission?
Data transmission is protected using industry-recognised encryption standards, such as 256-bit. Passwords are always transmitted and stored in an encrypted format. This means all information is secure during transmission.
Who am I trusting with my data?
InvestmentLink™ is a financial data services company that has managed accounts for more than 4.4 million members across Australia and New Zealand and accounted for more than $40 billion in funds.
With some of Australia’s largest financial institutions—including major banks, having trusted InvestmentLink™ with their data, you can feel secure.
How is the account information protected from “hackers” or outside intrusion?
Network-based intrusion detection systems (IDS) provide 24/7 network monitoring and alert us to any external attempts to access the network. In addition, multiple layers of firewalls are used to guard against unauthorised access to the network.
InvestmentLink™ is an incredible tool that not only streamlines the loan application process but also prioritises the privacy and security of our client's data. By utilising this cutting-edge technology, we aim to provide a seamless experience for our clients, ultimately saving valuable time and effort.
We hope this article has shed some light on the benefits of using InvestmentLink™ and how it can revolutionise your loan journey. As always, if you have any questions or concerns, our team is here to help. Let's embrace the future of lending together!