"APIs come in two types: partnerships - when two

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The companies reported this to journalists and market participants on December 21. The initiator of the open API (application programming interface) project was Sravni.ru LLC, the FinTech Association (AFT) supported the idea, and in November 2023 the companies began developing the standard.

According to the FinTech Association, after the pilot is implemented, marketplaces will receive a single open API standard for integration with banks, which will allow them to connect credit institutions to the service and build a seamless customer journey in the mortgage process.

or more companies agree to estonia whatsapp number database transfer data, and open ones - which are already an industry standard," explained Dmitry Ishchenko, Deputy General Director of the FinTech Association.

When applying for a mortgage, the client will need to log in through the State Services portal: this way, banks will receive data and documents from the digital profile. Thus, most of the fields in the questionnaire will be filled in automatically, and the user will not need to collect and attach scans of documents.

A digital profile is a digital record of a citizen contained in the information systems of government agencies and organizations. The infrastructure of a digital profile is built on the basis of a unified identification and authentication system (ESIA). One of the functions of a digital profile is to provide information about a citizen with his consent to third parties in his interests - for example, providing a bank with verified information necessary to fill out a credit application.

"The process of submitting a mortgage application on marketplaces is not easy: in some cases, it takes several weeks. A pilot project based on open APIs will reduce the user's path from the moment of submitting an application to receiving a decision to 10 minutes. As a result, the client gets a simple and fast way to get a decision from several banks. And banks receive applications from marketplaces ready for scoring, thereby reducing resources for their verification and processing," said Dmitry Safronov, head of the Mortgage department at Sravni.

As Maxim Botkin, Head of the Client and Partner Solutions Center at Rosbank, noted, using data from a digital profile will help banks reduce costs for operational tasks and onboarding (document verification), but there are also challenges to be overcome: for example, the prevalence of "Gosuslugi" in the regions - not all Russians receive official income, which is reflected in the digital profile; as well as speed - not all data required to assess solvency comes from individual departments quickly.

Oleg Komlik, Director of the Digital Division of Dom.RF Bank, noted that the introduction of digital profile services is extremely interesting for banks that do not have such a large client base as Sberbank and VTB, from where they get information about clients. According to him, this tool levels the competitive environment.


"The digital profile is not ideal. The volume of loans issued on the mortgage market in 2023 will amount to about 7.5 trillion rubles, with more than 50% of them under preferential programs. Each of the benefits - family mortgage, IT mortgage, Far Eastern - requires certain documents to confirm the right to receive it. The digital profile does not have this information, so we are forced to request additional documents from the client. We have prepared a proposal for the Ministry of Digital Development to expand the digital profile with the data that is necessary for banks," said Oleg Komlik.

According to him, Dom.RF cooperates with all platforms from which requests from clients may come, but so far, according to him, the conversion rate for mortgages on marketplaces is low. "If we want to have a joint business with marketplaces, we need to look for ways to work mutually beneficially," Oleg Komlik added.