ID Analytics Credit Optics: Fine-tune Credit Decisioning and Reduce Losses
ID Analytics® Credit Optics™ improves traditional credit decisioning by gleaning real time insight from information not typically analyzed when calculating a traditional credit score — information related to an individual's stability. When used in combination with legacy credit scores, this unique, third dimension enhances credit decisions by delivering an incremental perspective of risk. Credit Optics is proven to eliminate up to 25 percent of credit losses, without reducing the number of accounts booked.
In addition to strengthening the loss mitigation strategies being applied to existing portfolios, Credit Optics also supports responsible growth within both established and emerging consumer segments across a range of industries. Credit Optics can also score 100 percent of the population, including identifying thin file and no hits that will develop into profitable customers.
- Improve Credit Risk Performance
Apply greater scrutiny to existing portfolios and new accounts. - Manage the Entire Credit Spectrum
Accurately assess all credit classes. - Reduce Credit Losses with a New Perspective of Risk
Eliminate up to 25% of credit losses while maintaining account bookings. - Expand Share of Emerging Consumer Market
Capture profitable consumers lacking established credit histories.
ID Analytics delivers this unique perspective of risk based on the ID Network® and Advanced AnalyticsSM. Credit Optics determines the creditworthiness based on stability of credit and identity risk over time and is proven to reduce credit losses and capture emerging consumers by integrating an incremental, yet powerful perspective of risk.
