MKTplace-data type: Alternative Credit Risk

Finerio Connect

Written by Cassidy Bellville on June 13, 2022. Posted in Partners. No Comments on Finerio Connect

Partners

Finerio Connect

Let’s Build the Future of Financial Services Together

Key Benefits

Open Finance and Data Enrichment. Allow users to instantly connect their financial accounts. As easy as creating a link or as robust as an API. Use enriched data to perform risk analysis, identify income, reduce fraud, and more.
Financial Experiences. Centralize Finerio Connect solutions in a Personal Finance Manager (PFM) or even a Business Finance Manager (BFM). Easily integrate and provide modern financial experiences. Help your users understand their personal and business finances.

“I believe in the potential of Finerio Connect to grow into one of the most important infrastructure startups in Mexico and Latin America.”

RUBEN BECERRIL, GLOBAL STRATEGY AT GIIP SURA

Products that Complement Your User Flow

Finerio started as a personal finance management platform in 2016, and in early 2020, it launched Finerio Connect, its all-in-one financial API solution. Thanks to their direct experience in the market, they quickly became one of the leaders in the Latin American financial ecosystem with products focused on Open Banking, data enrichment and personal finance management. Its mission is to democratize the best data-driven solutions for any institution in the region.

Finerio Connect currently has more than 65 clients, including some of the largest banks, neobanks and fintech in the region. Its solution receives more than 2M requests per month and is fully adapted to the needs of the Spanish-speaking Latin American market, with an API solution ready for any type of financial institution to implement.

About AdviceRobo Services

Services
- Bank Aggregation
- Data Enrichment
- Financial Experiences
Regions Supported
- Latin America

Palenca

Written by Cassidy Bellville on April 20, 2022. Posted in Partners. No Comments on Palenca

Partners

Palenca

The First API for Payroll Data in Latin America

Key Benefits

Make better underwriting decisions with payroll data. Palenca connects companies to user-permissioned employment data. Validate historical and real-time income data directly from user’s income and employment sources.
Easily validate identity and employment instantly. With Palenca, access your customers employment records with their credentials and their consent, helping reduce fraud and optimize your KYC process.

Palenca, the Rirst Payroll API for Latin America.

Palenca’s software strives to become the most widely integrated Payroll API system in all LATAM. Through integrations with gig-economy apps, HR, e-commerce, and government platforms, we can bring rich risk and income related user data to financial, insurance and recruiting firms in just a fragment of a second.

With Palenca’s tool, companies can provide background checks, check payroll data, and real time behavior analysis for their end-users. Through these, firms can reinforce their internal evaluation processes for hiring and underwriting credit as well as access payment retention for loans and direct-deposit-switching for accounts.

About Palenca

Services
- Employment and identity verification
- Income verification (historical & real-time)
- Direct Deposit Switch
- Automated payment collection settings for loan repayments
Regions Supported
- Latin America

Global Data Consortium

Written by Cassidy Bellville on March 30, 2022. Posted in Partners. No Comments on Global Data Consortium

Partners

Global Data Consortium

Key Benefits

Electronic Identity Verification. eIDV uses personal information such as name, date of birth, or national ID from various data sources to quickly confirm if an individual is who they claim to be.
Know Your Business. Our KYB solution offers three levels of checks with varying degrees of verification to allow your business to retrieve the necessary information for onboarding, partnerships, beneficial owner checks, or more.

“One of the biggest things we love about GDC’s team is their flexibility. They worked to add new data sources to ensure we got the highest match rates possible.”

REMITLY

About Global Data Consortium

Global Data Consortium is a data-as-a-service company that delivers real-time, locally sourced identity and business verification for financial institutions, age restricted services, ecommerce, regtechs, and more around the globe.

From swift customer and business identification for online account opening to identity verification for global money transfer to verifying ages for online gaming and age-restricted commerce, our local data providers reach deep into their markets to find unexpected sources of identity information, confirming anyone from thin-file clients to prominent persons of interest. Beyond the product itself, our Consortium of data providers, channel partners, and customers supply a continuous flow of knowledge and meaningful connection.

Resources

EIDV for Payments Providers

About Global Data Consortium

Products
- KYC Electronic Identity Verification (AML Compliance Check, PEP/Watchlist/Sanctions Check, Intelligent Name Translation Engine)
- Business Verification
- Know Your Business Check
- Owners, Directors, and Officers Check
Countries Supported

Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Denmark, France, Germany, India, Italy, Mexico, Netherlands, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States, Czech Republic, Finland, Ghana, Gibraltar, Hong Kong, Ireland, Japan, Luxembourg, Malaysia, Nigeria, Poland, Portugal, Slovakia, Bahrain, Chile, Colombia, Costa Rica, Ecuador, Egypt, Greece, Hungary, Indonesia, Jordan, Kenya, Kuwait, Lebanon, Malta, Oman, Panama, Paraguay, Peru, Phillipines, Qatar, Romania, Russia Federation, Saudi Arabia, Slovenia,United Arab Emirates, Uruguay, Venezuela, Vietnam

MicroBilt

Written by Cassidy Bellville on March 24, 2022. Posted in Partners. No Comments on MicroBilt

Partners

MicroBilt

Powerful Alternative Credit Data and Risk Management Solutions

Key Benefits

Industry-leading data. With an eye to the needs of the small and medium-sized enterprises often left out of the big data game, MicroBilt has structured our products to be right-sized for your business. With MicroBilt you can customize the products you need and all of our products are provided through a single, simple, access portal, batch processing and available via API.
A complete platform with you in mind. Whether you’re working in originations or debt collection, screening a potential hire or tenant, planning for growth, or keeping up with regulatory requirements, MicroBilt can be your partner, providing the insight and information you need to protect your business, grow your bottom line, and keep your company running smoothly.

Data You Can Count On.

For over 40 years MicroBilt has been helping businesses assess and manage risk. We were a pioneer in the now exploding alternative credit data space and as such have refined our products and services to deliver true business value.

Today MicroBilt is a registered consumer credit reporting agency. That means our data and products meet the highest standards of accuracy, quality, and security as mandated by federal regulations.

At our core, we believe that any successful company needs access to the right information to make the smartest decisions possible.

Over the years, MicroBilt has invested heavily in acquiring best-in-class data. We’ve built sophisticated systems for keeping our data fresh and accurate and powerful predictive models for making decisions around lending, leasing, collections, and risk management.

Resources

About MicroBilt

Services
- Credit & Decisioning
- Bank Verification
- Identity Verification
- Payment Solutions
- Collection & Recovery
- Background Screening
- Business credentialing
Regions Supported
- North America

Spring Labs

Written by Cassidy Bellville on March 22, 2022. Posted in Partners. No Comments on Spring Labs

Partners

Spring Labs

Quantify Future Employment Risk with Income Stability Indicators

Key Benefits

Real-time indicators of micro and macroeconomic changes. Spring’s Employer, Geography and Industry (EGI) level future employment risk indicators allow lenders to systematically adjust underwriting in a dynamic economic environment, addressing key gaps in backward-looking credit scores.
Orthogonal data to optimize lending decisions. Spring’s Proprietary Entity Resolver makes previously siloed EGI level data accessible for real-time use in underwriting. Data sources include public records, third party APIs, 37M+ US business records for entity resolution, and firmographic data.

“ISI helps us identify blind spots in our existing models as well as safely serve new segments.”

DIRECTOR OF RISK FOR A LARGE, ONLINE, UNSECURED LENDER

Close Major Blind Spots With Real-Time Insights

pring Labs’ Income Stability Indicators (ISI) aggregates a vast array of data sources at the Employer, Geography and Industry levels to provide a more comprehensive risk profile. ISI data allow lenders to combine real time economic insight with traditional credit data

Use ISI for loss mitigation or growth, systematically adjusting score cutoffs, credit line assignment and pricing
Improve custom credit or fraud risk scores by including 300+ data fields as model inputs
Increase acquisition or portfolio marketing campaign effectiveness and ROI by targeting growing industries or geographies

Don’t leave blind spots in your underwriting – learn how ISI can help strategically grow your portfolio.

Resources

Product Brief: Income Stability Indicators (ISI)

About Spring Labs

Services
- Proprietary employer and industry resolution
- 300+ micro and macroeconomic indicators
- Employer, Geography and Industry Risk Indices
- Additional income underwriting products on Income Misrepresentation and Peer Lender Verified Income / Employment
Countries Supported
- United States

Kompli-Global

Written by Cassidy Bellville on March 3, 2022. Posted in Partners. No Comments on Kompli-Global

Partners

Kompli-Global

Fraud Prevention, Risk Mitigation, Compliance Screening & Reputation Protection

Key Benefits

Best in class corporate due diligence platform. Kompli-Global has developed a specialist solution suite comprising of unique proprietary products to deliver end to end KYB on-boarding and on-going screening.
Powerful, flexible AI driven technology. We use a combination of advanced AI-driven technology combined with unrivaled human expertise to fully identify corporate ownership structure and alert you to potential risks indicators, bad actors and adverse events.

About Kompli-Global

Kompli-Global has developed a specialist corporate due diligence solution comprising of unique proprietary products, linked to best in class third party services to deliver a comprehensive, international customer on-boarding, screening and on-going monitoring platform.

Kompli-Global bridges the gaps that exist in current databases to enable far more accurate, comprehensive, efficient and compliant corporate due diligence.

We use a combination of advanced AI-driven technology and human expertise to fully identify corporate networks and alert you to potential risk indicators, bad actors and adverse events

Our Kompli-QED platform includes all the elements you need to perform best practice corporate on-boarding, KYC, Fraud prevention, EDD and ongoing monitoring.

Kompli-Global’s services reduce your exposure to fraud, mitigate against personal and corporate prosecution, protect your brand’s reputation and provide cost effective regulatory compliance

FRAUD PREVENTION

Our Kompli-QED platform includes all the elements you need to perform best practice corporate on-boarding, KYC, Fraud prevention, EDD and ongoing monitoring. Our Investigation tools and reporting services give you the ‘deep dive’ capability you need as and when required.

RISK MITIGATION

We use a combination of advanced AI driven technology combined with human expertise to fully identify corporate networks and alert you to potential risk indicators, bad actors and adverse events. Things that you really should know about.

COMPLIANCE SCREENING

Kompli-Global has developed specialist corporate due diligence solutions comprising of unique proprietary products, linked to best in class third party services to deliver comprehensive, international risk screening, on-boarding and on-going monitoring.

REPUTATION PROTECTION

Kompli-Reveal will update your client records with the latest registry and risk information and alert you to things you really should know about your existing client estate. Kompli-Global bridges the gaps that exist in current corporate databases to enable far more accurate, efficient and compliant corporate due diligence.

About Kompli-Global

Products
- Kompli-QED: Corporate onboarding platform
- Kompli-Konnect: Corporate Ownership Resolution
- Kompli-RiskCheck: Fraud & Risk Prediction
- Kompli-Reveal: Retrospective Screening
- Kompli-Investigate: AML / Anti Fraud Investigations
- Kompli-Monitor: Ongoing Risk Monitoring
- Kompli-Reports: Deep Research report service
- Kompli-Outsource: Outsourced KYC/KYB/AML
- Kompli-SecureMeet: Video interview recording
Regions Supported
- Global

FinScore

Written by Cassidy Bellville on March 3, 2022. Posted in Partners. No Comments on FinScore

Partners

FinScore

FinScore, Alternative Credit Scoring Company

Key Benefits

Unleash the power of alternative data. FinScore Telco Data Credit Score is built on over 400 various telco variables such as top-up patterns, voice and mobile data usage, duration of calls, SIM card age, and many more, available through the long-standing partnership between FinScore and SMART Communications.
Cutting-Edge AI & Machine Learning Technology. Derived from cutting edge machine learning algorithms, FinScore Telco Data Score has extremely high predictive power and can be used as either a standalone model or in a combination with existing score models. We help banks and financial institutions to increase approval rates, manage risk resulting in reduction of loan defaults, and even reach the untapped, underserved markets.

Credit Scoring for All | Alternative Data Credit Scoring in the Philippines

FinScore is known to be the first fintech company in the Philippines to leverage alternative data, including telco data to score credit-invisible markets. Telco data is based on over four hundred (400) telco variable as data and voice usage, top-up patterns, location, and SIM age, among others. Combined with FinScore’s Machine Learning algorithms cutting-edge technologies, such as Gradient Boosting and Neural Networks, FinScore is proven to have a highly predictive scoring power. FinScore scoring models have powered the telco credit scores of over 3.5 million Filipinos and over USD 500 million worth of loans have been disbursed in the Philippines.

Resources

About FinScore

Products
- Alternative credit scoring solutions
- Data Analytics
Regions Supported
- The Philippines
- APAC

Argyle

Written by Cassidy Bellville on March 3, 2022. Posted in Partners. No Comments on Argyle

Partners

Argyle

Make Better Credit Decisions with Argyle

Key Benefits

Streamline underwriting, eliminate fraud, make funding decisions instantly. Access your customers employment records instantly with their consent – automating income, employment and identity verifications, removing operational overhead, and eliminating fraud by leveraging source employment data.
Increase capture rates while improving customer experience. Increase capture rates by underwriting more customers than ever, including gig economy workers and federal employees, with the most comprehensive employment record ecosystem to date. Say hello to a seamless customer experience without paystub uploads.

“Argyle helps us make faster, more accurate decisions. If we save $35,000 for every loan we avoid defaulting, the return on investment is infinite.”

ROHIT MITTAL, CEO AT STILT

Millions of Employment Records at your Fingertips

Argyle is the trusted gateway for employment data. Our platform is the first to provide user permissioned (read: future proofed and user-friendly), continuous access to a user’s profile, employment, and income history. Our customers grow their businesses by reaching new market segments (e.g., gig economy workers, federal employees), increase operational efficiency through automated VoE/VoI, decrease fraud and default with real-time payroll source data, and streamline their user experience.

Lenders, banks, insurance companies, and fintech institutions leverage Argyle to verify employment and income, provide earned wage access, decrease risk and fraud rates, underwrite loans, and automate direct deposit switching, among other use cases.

Resources

About Argyle

Products

Instant, automated verification of income, employment, and identity

Continuous access into income and employment data

Automated wage allotment setup for loan repayment
Countries Supported

United States

Canada

Credolab

Written by Cassidy Bellville on February 16, 2022. Posted in Partners. No Comments on Credolab

Partners

Credolab

Make Informed Decisions About Credit Risk, Fraud and Marketing

Key Benefits

Embedded scores from smartphone and web behavioral metadata. Credolab develops credit and fraud scores based on mobile and web-behavioral metadata to help banks and lenders take a new approach to assessing risk, detecting fraud and approving more customers and more confidently.
Non-personal metadata. Credolab uses non-intrusive and anonymous metadata to score customers. We are in full compliance with local data privacy laws, as well as GDPR and the CCPA. Our goal is to protect a customer’s privacy while empowering them financially.

“With credolab, we are now focusing on making our application and underwriting process more efficient so that we can extend credit to a broader market without compromising on our cost of risk.”

VIJAY MANOHARAN, CEO OF CIMB BAN

About credolab

Credolab is a growing B2B SaaS Fintech that develops bank-grade digital scorecards built on mobile devices and online web behavioural metadata. Our pay-per-use solutions are available to banks and neobanks, digital lenders and BNPL players, insurance companies, and any industry at the intersection with financial services (e-commerce, ride-hailing apps, travel, retailers). Established in 2016 in Singapore with offices in Miami, London and a distributed team across Sao Paulo, Mexico City, Dubai, Jakarta, Manila, Bangalore, Sydney, and Nairobi, credolab has 120+ clients including well-known fintech companies and unicorns, in over 30+ countries.

Resources

Financial Inclusion & Alternative Data in LATAM: Expert Insights Into 2020 Wins & Improvement

About Credolab

Services

CredoSDK: Assesses risk, early defaults, device velocity, and enrich marketing segmentation data of any of your Android and iOS mobile app users

CredoWeb: Assesses risk and detect early defaults of any applicant based on the analysis of their keystroke patterns and web device metadata
Regions Supported
- APAC
- India
- LATAM
- EMEA
- USA

DirectID

Written by Cassidy Bellville on February 15, 2022. Posted in Partners. No Comments on DirectID

Partners

DirectID

DirectID Uses Bank Data Provided Through Open Banking to Address Today’s Business Challenges

Key Benefits

Our solutions are built to enhance underwriting irrefutably. Our API is layered under a categorization engine trained in accuracy in credit risk, allowing us to provide lenders with strongest possible insights for use throughout the whole credit risk lifecycle
With over 13,000 bank connections globally, our partners can grow their offerings in over 80 countries. Our platform has the potential to connect to 1.5 billion people across the globe.

“DirectID understand the market and are flexible enough to shift with the times, and we knew very quickly we could build this product together. Ultimately, that is what we really wanted; to build a strategic partnership. We didn’t want to just purchase a set of services.”

About DirectID

DirectID uses bank data provided through Open Banking to address today’s business challenges. These challenges include verifying income, affordability, reducing fraud, and costs across the credit risk lifecycle from onboarding through to collections & recoveries.

DirectID is an active participant in the UK Open Banking initiative and is a founding member of FDATA, Innovate Finance, and Open Banking Excellence. DirectID have also been working with the Financial Conduct Authority (FCA) more recently on their Digital Sandbox to identify signals of financial vulnerability due to COVID.

Resources

About DirectID

Services
- Insights
- Bank Account Verification
- Income Verification
- Collections & Recoveries
- Affordability
Countries Supported
- United Kingdom
- United States
- Netherlands
- France
- Germany
- 80+ countries globally

MKTplace-data type: Alternative Credit Risk

Finerio Connect

Let’s Build the Future of Financial Services Together

Key Benefits

Products that Complement Your User Flow

About AdviceRobo Services

Services

Regions Supported

Palenca

The First API for Payroll Data in Latin America

Key Benefits

Palenca, the Rirst Payroll API for Latin America.

About Palenca

Services

Regions Supported

Global Data Consortium

Global Data Consortium

Key Benefits

About Global Data Consortium

Resources

About Global Data Consortium

Products

Countries Supported

MicroBilt

Powerful Alternative Credit Data and Risk Management Solutions

Key Benefits

Data You Can Count On.

Resources

About MicroBilt

Services

Regions Supported

Spring Labs

Quantify Future Employment Risk with Income Stability Indicators

Key Benefits

Close Major Blind Spots With Real-Time Insights

Resources

About Spring Labs

Services

Countries Supported

Kompli-Global

Fraud Prevention, Risk Mitigation, Compliance Screening & Reputation Protection

Key Benefits

About Kompli-Global

About Kompli-Global

Products

Regions Supported

FinScore

FinScore, Alternative Credit Scoring Company

Key Benefits

Credit Scoring for All | Alternative Data Credit Scoring in the Philippines

Resources

About FinScore

Products

Regions Supported

Argyle

Make Better Credit Decisions with Argyle

Key Benefits

Millions of Employment Records at your Fingertips

Resources

About Argyle

Products

Countries Supported

Credolab

Make Informed Decisions About Credit Risk, Fraud and Marketing

Key Benefits

About credolab

Resources

About Credolab

Services

Regions Supported

DirectID

DirectID Uses Bank Data Provided Through Open Banking to Address Today’s Business Challenges

Key Benefits

About DirectID

Resources

About DirectID

Services

Countries Supported