MOGOPLUS
Partner
MOGOPLUS
AI led Insights-as-a-service for supporting lending decisions
Key Benefits
- Lower cost of origination – Specialising in making sense of raw, unstructured data, our solutions provide fast and accurate data categorisation and verification insights which reduce manual efforts and loan origination costs significantly. Make better decisions with confidence.
- Quicker Time to Decision – Our data agnostic, intelligent insight solutions are easily accessed via plug and play APIs. Our different insights configurations serve specific use cases such as Income Verification, Affordability, Serviceability, Vulnerability, Hardship and Collections. We focus on enabling instant decisioning and straight through processing outcomes.
- Proactive customer engagement and experience – Understand the true behaviour behind your customers data with intelligent insights. Identify opportunities for new levels of personalisation and pro-active customer engagement with consent-based data exchange that increases loyalty and customer experience.
- Reduced risk – Lower risk at both the origination layer and the post settlement loan servicing stage. Utilise predictive insights and analytics to identify areas like loan stress, vulnerability and hardship. Make proactive ‘next best actions’ with your customers to prevent hardship stress and costs.
“With MOGOPLUS, our credit assessment processes are now producing quicker decisions, more accurate assessments and a low friction member experience. As a small mutual we have found the solution highly beneficial for both our staff and our members.”
Optimise your lending decisions with intelligent data insights
MOGOPLUS helps businesses with the journey from data to decisions. Our award-winning intelligent Insight Solutions cater to diverse use cases and customer journeys across multiple sectors. When customers apply for credit, we ensure their transaction data flows seamlessly transforming and enriching it to deliver actionable insights. Our comprehensive analysis empowers lenders to verify applicants’ information and make informed lending decisions, turning applications into opportunities for growth
Resources
About MOGOPLUS
Services:
GoCat
Fast, Accurate, and Secure Data Categorisation for Credit Decisioning- Data categorization
- Category groups, Transaction amount, Total amount, Monthly average
GoVerify
Comprehensive Financial Profiling and Employer Income Verification- Income verification
- Employer match
- Income buckets
- Recency and regularity of income parameters
GoLend
Streamlining Serviceability Assessments with Meaningful Analytics for Lending- Credit decisioning insights focusing on affordability and serviceability metrics
- Time based Net Monthly Position
- Reliability measures of income data
GoAssist
Data rich solution for supporting vulnerable, distressed or collections based customer engagements- Descriptive and predictive analytics
- Personalized borrower assistance post loan settlement
- Continuous Credit Monitoring capability
GoSwitch
Collects and structures biller and payee data for seamless new customer account opening- Seamless provider switching
