Toronto-based OutsideIQ, which uses artificial intelligence and big data to help companies analyze risk, has joined Bank Innovation INV as an API partner.
Bank Innovation INV is a new fintech startup accelerator run by Bank Innovation and Fiserv, and includes five banks and a host of API partners.
OutsideIQ demoed its DDIQ API — the “DD” stands for Due Diligence — at FinDEVr in New York last week. The API acts like a financial crime expert, CEO Dan Adamson said, and examines data to help lenders and others weigh the risk associated with individuals or businesses.
Outside IQ joins a number of other API providers offering their APIs for the use of INV startups.