OutsideIQ Joins Bank Innovation INV as an API Partner

outside_iq2Toronto-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.

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Philip Ryan is Senior Editor of Bank Innovation and Senior Director of INV Fintech. He began covering financial services in 2012 and has more than 15 years' experience in online journalism, which makes him quite old. He can be reached at pryan@royalmedia.com.

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