Solutions Gallery

Address:  Floor 33, Euston Tower, 286 Euston Road, NW1 3DP London, UK

Sales Contact: Donnie Price

Phone: 402.332.8162

Business Since: 2016

Number of Customers: 30

Offering Overview

• AccountScore delivers proven, predictive, and actionable insights by connecting to, analyzing, and enriching financial institution account transaction data. Clients use our solutions to assess the financial position of their applicants and existing customers or members – for both consumers and businesses.
• AccountScore serves major clients in the UK, US, and India with additional geographies being added in 2018.

Unlock the value within transaction data

AccountScore Connect

Technical sophistication to connect to and handle the secure exchange of data for nearly every FI and transaction account in the U.S.

• Gives clients ability to connect to FIs and download transaction data.
• Uses AccountScore Connect’s error handling expertise, developed over many years, for a pleasant and successful user experience.

AccountScore Enrich

Applied analytics via intelligent data learning on hundreds of thousands of transaction accounts over many years.

• Delivers actionable data to client through AccountScore API, AccountScore Dashboard, or PDF.
• Provides ongoing, actionable alerts for account management.
• Provides customizable modules optimized for the lending market to assist in calculating defensible disposable income and forecasting.
• Solves for immediate income verification and ability-to-pay requirements.

What does transactions data give FIs?

• Immediate and timely income verification.
• Immediate assessment of ability-to-repay
• Real-time, supplemental risk profiling ability - cash flow forecasting and affordability for example
• Ability to lend deeper into thin/no credit files while maintaining portfolio quality
• Provides source for predictive behavioral data
• Defensible and ongoing insights based on analyzing real-time and historic transaction data.
• Ongoing alerts for events such as possible loss of income, possible missed payment, etc.
• Behavioral, marketing insights
• Regulatory mandates quickly and cost-effectively fulfilled
• Financial Inclusion
• Responsible Lending

•  

  Why use transaction data?

  Predictive Behavioral Data

  Consumers and businesses have infinite possibilities for how they use their transaction accounts. This isn’t limited to verifying how much money is going through the account. Where customers transact, what transfers they make and how often they use their account are among the numerous predictive variables in the building of credit models.

  In-Depth Profiling

  Where customers spend, what financial services they have, what utilities they use. There are enormous marketing and profiling opportunities originating from this kind of information. Transaction data allows you to treat accountholders individually, according to their circumstances, ensuring a better experience for everyone.

  Actionable Insights and Events

  AccountScore provides an expansive list of actionable insights and events pertaining to acquisition, risk assessment, risk management, operations, marketing, etc. - leading to real ROI.

   

  The Dashboard –customizable modules

  

   

  Contact Us More Info