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MKTplace-data type: Fraud

Spring Labs

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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

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

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FinScore

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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

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Jumio

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Partners

Jumio

Automate Identity Verification & KYC with Jumio’s AI-Powered Technology

Key Benefits

  • User Experience. Award-winning user experience keeps good customers moving forward. Consume KYC services based on your unique use case, risk appetite and budget. Anytime, anywhere, Jumio covers over 200 countries and territories and more than 3,500 ID types.
  • Technology. Powered by AI and machine learning with unmatched real production data sets. Consume KYC services based on your unique use case, risk appetite, and budget. Bank-grade security and compliance features help protect user data and privacy.

About Jumio

Deter fraud and provide a seamless user experience to transform your account opening and loan application processes.

With Jumio, vetting new customers and loan applicants is as easy as taking a selfie. Jumio offers a range of identity proofing and AML services to accurately establish, maintain and reassert trust from account opening to ongoing transaction monitoring.

Leveraging advanced technology including AI, biometrics, machine learning, liveness detection and automation, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC, AML and GDPR.

Jumio has verified more than 300 million identities issued by over 200 countries and territories from real-time web and mobile transactions. Jumio’s solutions are used by leading companies in the financial services, sharing economy, digital currency, retail, travel and online gaming sectors.

Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe and Asia Pacific and has been the recipient of numerous awards for innovation.

About Jumio

  • Services

    • Jumio ID Verification
    • Jumio Identity Verification
    • Jumio Go
    • Jumio Authentication
    • Jumio Transaction Monitoring
    • Jumio Document Verification
    • Jumio Screening
    • Jumio Address Services
    • Jumio Video Verification

  • Regions Supported

    • Global

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Credolab

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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

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

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Finagraph

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Partners

Finagraph

Finagraph’s Strongbox Product Provides Decision-Ready Financial Intelligence from Business Accounting systems

Key Benefits

  • A simple connection experience for your customers. With APIs, the ready-for-use Strongbox widget, or a white-label experience, Strongbox makes it easy for your business customers to connect their accounting system for initial underwriting or loan monitoring.
  • Instant, decision-ready outputs for your credit team. Strongbox’s intelligent data pipeline transforms data with over 40 unique operations across four categories: normalization, validation, enrichment, utilization. The result is ready-to-use, reliable data outputs that can go right into your decisioning model.

“Strongbox is a breakthrough tool we use to better understand customers and deepen that relationship by providing a secure, simple, and easy way for customers to share their information.”

DUANE GOOD, PRESIDENT & COO OF TRIBAL CREDIT

Strongbox Transforms Data into Actionable Intelligence

When a lender wants to improve underwriting speed and loan portfolio performance, they turn to Strongbox.

Through a seamless connection process, borrowers can instantly send all financial statement data required for initial loan underwriting or ongoing monitoring.

Inside the Strongbox Intelligent Data Pipeline, each set of financials is standardized to your unique financial statement presentation, validated and enriched with lending metrics and trend analysis in seconds.

Lenders across the world trust Strongbox to consistently deliver quality financial data to protect their portfolio and grow margins and the bottom line.

Strongbox is built by the Finagraph, a team with 11 years of experience decoding accounting system data and working with lenders to build outputs that are decision-ready and have a high-impact for credit and risk teams.

Resources

About Finagraph

  • Services

    • Accounting System Connections – Integrations with the most commonly used systems by SMBs.
    • Data validation – A comprehensive set of 50+ checks to uncover missing or questionable financial data.
    • Intelligent Mapping – Business financial statements automatically mapped to your configured chart-of-accounts.
    • Comprehensive Analysis – Ratios, trending, vertical + horizontal analysis, cash flow, and more.
    • Cash Flow – A detailed cash flow statement and analysis built from transaction-level data to analyze risk.
    • TaxReader Add-on – In addition to accounting system data, accept borrower tax returns (business or personal) auto-mapped for decisioning.
    • Concierge-level support – Our team is dedicated to your success, providing implementation assistance, support, and training.

  • Countries Supported

    • United States
    • Canada
    • Australia
    • New Zealand

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IDology

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Partners

IDology

Innovative Solutions to Streamline Customer Acquisition, Deter Fraud, and Drive Revenue

Key Benefits

  • Approve More Legitimate Customers. Detecting and preventing fraud goes far beyond basic identity matching, especially in today’s threat-heavy environment. With our ExpectID® platform, you have access to more layers of physical and digital identity attributes, which enable you to see the holistic consumer identity in high resolution. And when higher levels of assurance are needed, you can dynamically escalate to additional layers of authentication while still delivering fast, automated decisions. These orchestrated layers work together seamlessly to deliver the speed, simplicity, and convenience your customers expect.
  • Unlock Stronger Fraud Intelligence. IDology’s Consortium Fraud Network amplifies real-time fraud intelligence between companies and across industries. With IDology, you can detect repeated transaction attempts or bar specific attributes associated with known fraud. And by applying machine learning to the identity verification process, supervised by IDology’s dedicated team of tenured fraud experts—your neighborhood watch for fraud, IDology is able to track suspicious activity across its vast network of customers and industries, giving you a system of defense against fraud and insight to improve decision making.
  • Get More Control and Flexibility. With criminals attempting new tricks every day, keeping pace with the rapidly changing fraud landscape is a necessity. Our on-demand ExpectID® platform is fully configurable and offers point-and-click flexibility, so you can be nimble, dynamic, and efficient in the face of evolving risk. With ExpectID®, you can fine-tune rules and settings, customize decisioning, and dynamically escalate to higher levels of verification for optimal risk and fraud protection—without burdening your IT team or compromising the smoothness of the customer experience.

IDology, the Trusted Leader in Digital Identity Verification

IDology, a GBG Company, is transforming identity verification for businesses worldwide with an innovative suite of multi-layered identity verification solutions built to drive revenue, deter fraud, and maintain compliance in a digital world. IDology leverages thousands of diverse data sources to deliver the industry’s most accurate locate results as well as actionable transparency and on-demand control over the entire identity proofing process.

By applying machine learning to identity verification, supervised by a team of fraud analysts, IDology provides thousands of businesses in multiple industries worldwide with a powerful network of defense against fraud. With frictionless secure digital identity verification, IDology helps businesses stay ahead of shifting fraud trends, while onboarding more customers faster and with confidence.

About IDology

  • Services

    • ExpectID®
    • ExpectID® Scan Verify
    • ExpectID® IQ
    • ExpectID® Mobile Attributes
    • ExpectID® GeoTrace
    • Cross-border Identity Verification Available

  • Regions Supported

    • Latin America
    • EMEA
    • North America

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Lenders API, by Canadian Lenders Association

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Partners

Lenders API, by Canadian Lenders Association

Identify Suspicious Actors in Real Time

Key Benefits

  • Receive data from Canada’s fastest growing fraud consortium. Put the brakes on automated lending decisions for individuals or businesses with a history of suspicious behavior.
  • Identify application fraud in real time. Lenders API is the only truly real-time fraud consortium in Canada, meaning that we can notify all parties to loan stacking before lenders double or triple fund an applicant.

Secure and Private Loan Data Exchange

Lenders API is the official fraud consortium of the Canadian Lenders Association. Identify bad actors and prevent coordinated fraud with compliant data exchange between lenders – all in real time. Identify suspicious activity by cross referencing borrowers with multiple open loan applications and put the brakes on automated lending decisions for individuals or businesses with a history of change-offs. Simple and powerful, the Lenders API allows you to access alternative data that credit bureaus don’t have, all with just a few lines of code.

About Lenders API, by Canadian Lenders Association

  • Services

    Loan stacking prevention

    Suspicious borrower list

    Suspicious merchant list

    Suspicious dealers / merchant-partners list

    Identify misrepresentations between loan applications

  • Countries Supported

    Canada

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