We have found that real time credit adjustments based on bank data analysis improves outcomes by more than 50 percent in comparison to static models. It isn't just in providing credit to low fico borrowers that these models shine it's also very effective in avoiding losses in a changing economic environment.
It also puts banks in a better competitive position vs Fintech if they adopt it for their internal customers.
We have found that real time credit adjustments based on bank data analysis improves outcomes by more than 50 percent in comparison to static models. It isn't just in providing credit to low fico borrowers that these models shine it's also very effective in avoiding losses in a changing economic environment.
It also puts banks in a better competitive position vs Fintech if they adopt it for their internal customers.