It’s only fair. Predictive analytics is a win/win for both borrowers and lenders.
New CFPB study shows AI and machine learning can approve significantly more applications, while yielding lower average APRs; Accelitas AI Lift proves itself twice as predictive as the competition. In a recent data test of 18 competitive credit screening scores, AI Lift from Accelitas delivered twice the predictive lift over the vendor average — at 77% the cost of our nearest competitor. By identifying more good customers, AI Lift’s advanced analytics can deliver a ROI of 30:1, creating a win/win scenario for everyone.
BlogPost 12247756602 It’s only fair. Predictive analytics is a win/win for both borrowers and lenders.
Tags:
Machine Learning,
lending,
AI Lift,
Accelitas,
Artificial Intelligence,
linear model,
interpretable results,
Credit Risk Web Service,
Credit Risk,
Adverse Actions,
Explainable AI,
predictive analytics,
CFPB,
near prime,
FCRA
How to weather the latest lending forecast: Let a Microclimate™ credit score guide you.
Micro-Climate credit scores are becoming the guiding principle for how to weather and navigate the current lending landscape. With the use of Accelitas's AI Life tool, an AI-powered Credit Risk Web Service, it is changing the way lenders are looking at their current landscape and access new borrowers.
BlogPost 11809142687 How to weather the latest lending forecast: Let a Microclimate™ credit score guide you.
Tags:
Machine Learning,
lending,
data waterfall,
Artificial Intelligence,
linear model,
interpretable results,
Alternative Data,
Credit Risk Web Service,
Credit Risk,
Credit Scores,
credit screening,
predictive analytics,
Alternative Lending,
micro-climate score
What does traditional credit screening miss? Start with 70 million potential customers.
AI includes disciplines such as applied statistics, data mining, pattern recognition, machine learning, deep learning, probabilistic methods, and big data. When applying AI to solve a problem, it is often beneficial to leverage techniques from more than one of these disciplines and sub-disciplines.
BlogPost 11806683277 What does traditional credit screening miss? Start with 70 million potential customers.
Tags:
Machine Learning,
lending,
Artificial Intelligence,
linear model,
interpretable results,
Alternative Data,
Credit Risk,
Credit Scores,
credit screening,
Millennials,
Gen Z,
Alternative Lending,
Credit Invisible
No time to lose. In 2019, lenders simply have to be smarter.
In 2019, it is vital lenders use their resources and become smarter. Time is of the essence and businesses are attempting to navigate growth while avoiding risks such as inadequate credit scores, tightening demand and managing changing demographics.
BlogPost 11804232100 No time to lose. In 2019, lenders simply have to be smarter.
Tags:
lending,
Financial Services,
AI Lift,
Accelitas,
Artificial Intelligence
4 Ways that Alternative Data Can Help You Lift Your 2019 Growth Goals
In this blog, we discuss four ways alternative data is transforming the lending market and propelling lenders to sustainable financial success in the face of market uncertainty.
BlogPost 8047173823 4 Ways that Alternative Data Can Help You Lift Your 2019 Growth Goals
Tags:
AI Lift,
Alternative Data,
KNOW Conference
How Will You Grow in 2019?
Learn about our executive team expansion, office relocation, and new AI Lift Credit Risk Web Service that can help your business grow in 2019.
BlogPost 7438666504 How Will You Grow in 2019?
Tags:
AI Lift,
Credit Risk Web Service,
Office Relocation,
Executive Team Expansion
HSBC Data Breach Highlights the Dangers of New Account Fraud Attacks
In this blog, learn why new account fraud is increasing and how you can stay safe.
BlogPost 6511560462 HSBC Data Breach Highlights the Dangers of New Account Fraud Attacks
Tags:
Identity Intelligence
A Winning Combination For Lenders: AI and Alternative Data
In this blog, learn how lenders need more than AI platforms and new analytical models, to realize its full potential. They need alternative data.
BlogPost 6416445373 A Winning Combination For Lenders: AI and Alternative Data
Tags:
Identity Intelligence,
Artificial Intelligence,
Alternative Data
