Control Your Default and Fraud Risk
Cignifi’s Behavioral Scores enable users to discriminate between “good” and “bad” customers who have little or no traditional credit history. The Scores can be used as inputs into a lender’s underwriting engine, making it possible to underwrite new customers while controlling default and fraud risk.
Cignifi’s scores are used by some of the world’s leading banks and credit rating agencies.
Decrease in Customer Defaults
Proven Results, Proven ROI
Cignifi credit risk and fraud scores are derived using the most cutting edge machine learning algorithms utilizing dynamic behavioral data, including calling patterns, data transactions and internet usage.
Underlying mobile usage data updates continuously, so scores adapt to changes in risk profile without waiting for a payment event. Software tracks and “learns” from model performance for continuous improvement.
Our solutions incorporate industry-leading data security features and are seamlessly scalable from several thousands to hundreds of millions data points.
Proven performance based on rigorous statistical testing in multiple deployments working across a variety of financial products.
Cignifi can develop customized scoring models for specific products and datasets. These scores are proprietary to that particular customer.
The development process typically involves:
Developing a clear understanding of the desired business outcome
Validating the customer data sets and extraction/encryption process
Performance-testing the customized model prior to implementation using a statistically robust champion-challenger format.
Scores may be benchmarked against an existing process or against a random control group.
Once in production the software “learns” from subsequent performance for continuous improvement.
See Our Credit Scoring Solutions in Action
Our Mobile Data Credit Scores have made a significant impact on the bottom lines of many Telcos and financial institutions around the globe. We would love to show you how our solution can do the same for you.
Please request a live demonstration by completing the form below. We look forward to hearing from you.