Solutions
About Us
Fighting fraud together
CredoLab and TransUnion, formerly iovation, have joined forces bringing a single solution that uses a global device intelligence network, including smartphone device metadata. This technology generates bank-grade digital scorecards and prevents fraud attempts by evaluating associated accounts and devices, past history and suspicious behaviors in real-time.
Why Should This Excite You?
Expansion to New Market Segments
Improve access to new market segments by approving new-to-credit and new-to-bank customers confidently
Lower Cost of Risk
Increase the accuracy of your credit decisions with AI and smartphone metadata to get higher approval rates at lower cost of risk.
Faster Decision
Shorten the time-to-yes from days to less than 1 minute with creditworthiness done in real-time.
Improved Fraud Reduction
Analyse >45 types of fraud through tailor-made fraud prevention strategies designed for you
Complete Data Privacy
Shorten the time-to-yes from days to less than 1 minute with creditworthiness done in real-time.
Highly Accurate Credit Decisions
Leverage over 1 million behavioural features to arrive at the most predictable data points to score your customers
Discovering modern credit risk scoring in buy now, pay later
Challenge accepted:
How challenger banks can grow profitably
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Ebook
Evidence
This rule triggers when a device has been confirmed as fraudulent
Watch-list
This rule triggers when the device is on a blacklist
Geolocation
This rule triggers when an application originates from a location marked as risky
Anomaly
This rule triggers when inconsistencies are identified on a device
Velocity
This rule triggers when the same device applies for multiple loans
Risk-Profile
This rule triggers when a device looks suspiciously like confirmed fraudulent devices
CredoScore
Crunches nearly 1 million behavioural features from opt-in metadata to generate credit scores
Device Risk
Uses device recognition and intelligence technology to track over 45 types of fraud and abuse
How do we fit into your business model?
Arrange a meeting with us to discuss