Creating seamless data integrations for accurate risk decisioning
Taktile partners with credolab to provide seamless data integration that powers accurate, automated risk decisioning.
Taktile’s off-the-shelf integration with credolab enables risk teams to instantly enhance decision flows with KYC, fraud, identity, and credit risk data. Together, Taktile and credolab make it possible to build decision flows 10 times faster, generate decisions with high predictability, and reduce risk.
Client Success Stories
Discover how credolab has transformed businesses by enabling data-driven decision-making and fostering growth through innovative solutions.
Why Should This Excite You?
Identify the Right Customers
Use alternative data to gain key insights into customers and accept more of the right ones for your business.
Go-To-Market Quickly
Reduce the time it takes to integrate new data sources by leveraging pre-built APIs.
Empower Your Risk Team
Easily build complex decision flows without the help of engineers on a low-code user interface.
Optimise Your Policies
Simulate the impact of policy versions and run A/B tests to evaluate your policy on live data.
Increase Your Predictive Power
Enhance decision flows by combining expert rules and machine learning models to help you better predict risk scores.
A Single Source of Truth
Beyond basic demographic data, gain access to deeper insights into customers' credit histories, payment behaviours, and financial preferences, facilitating more precise segmentation and personalised engagement strategies.
Onboarding
Origination
Servicing
Collection
COVER THE E2E CREDIT LIFE-CYCLE
Credolab x Mastercard Engage Partner Network
Digital First Component to Acquire
Accelerating time-to-market for Mastercard issuers looking to leverage credolab's alternative credit scoring solutions globally.
Credolab has joined the Mastercard Engage Partner Network as a Digital First Solution under the Digital Components for Acquire pillar.
What is a Digital First Solution?
Credolab: A Digital First Solution to Acquire
Mastercard chose credolab to support credit card issuers globally to approve more deserving applicants, even those that do not have traditional credit bureau data.
With credolab, issuers can now:
- Lower the cost of risk
- Decrease the cost of fraud
- Increase the approal rate
Digital First Components
Acquire
Providers of this component bring cardholder journeys to life, offering the capabilities required to approve more cardholders without adding friction to their onboarding journey.
Use
Providers of this component add cards to digital wallets effortlessly. Transact digitally across all channels including point-of-sale, online, and in-app.
Manage
Providers of this component enhance peace of mind. Digitally view card details, set controls, and contact customer service hassle-free.
Engage
Providers of this component elevate your journeys with a Digital First proposition through tailored offers and loyalty benefits.
Credolab: Mastercard Component to Acquire
Insights for Every Credit Card Applicant
Leverage credolab’s powerful behavioural data analytics platform built on proprietary machine learning (ML) algorithms. Analyse privacy-consented and permissioned behavioural biometrics and device fingerprint metadata for every applicant.
Insights for Every Issuer, Globally
Issue more credit cards to more deserving applicants without worrying about regulatory compliance or adding friction to the onboarding journey.
Instantly receive credolab's rich insights and predictive scores anywhere you issue credit cards.
Insights for Smarter Decisions, in Real Time
Credolab’s insights and alternative risk scores are delivered in real-time all via one API.
With credolab, banks, neobanks, and digital credit card issuers gain access to:
- Enhanced alternative risk scores
- Greater predictive power
- More accurate fraud checks
- Higher approval rate
- Reduced risk and fraud costs
