• AML – Screen risks during on-boarding and ongoing to reduce fraud exposure and mitigate risks • Banking Account Verification & Validation – Access bank account data • Collections – Access collections and recoveries data to improve confidence in risk decisioning • Credit Risk – Access commercial and consumer credit data • Document Verification & Validation – Access to verify a wide variety of documents • Employment Verification – Access employment data
• Affordability – Enabled by Open Banking, assess the financial health and calculate affordability for the applicant prior to making a credit risk decision • Age Verification – Access age information • Alternative Credit Risk – Instead of traditional credit
scores, use alternative sources like telco data scoring, social presence scoring, device data scoring, and mobile and web-behavioral data to assess risk
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