We provide financial organisations with insights about their customers, enabling them to make more informed decisions.
Book a demoLack of predictive data hinders your ability to effectively detect early default or fraud, and target marketing. This leads to low approval rates, high delinquency rates, high friction and low conversion rates.
Credolab delivers immediate financial benefits in risk, fraud, and marketing — with behavioural data, via a single API. We do this with metadata, without any personally identifiable data leaving your customer's device.
Risk
Greater predictive power over who might default their first payment, resulting in higher approval rates
Fraud
Identify fraudulent usage and lower the cost of fraud
Marketing
Score leads more accurately, enabling more focused marketing spend
Drop in the cost of fraud
21.9% average decrease
Faster time-to-yes
From days to just <1 Second
Increased approval rate
Up to 32% increase
Decreased cost of acquisition
Up to 28%
Increased productivity
Up to 40% Gini uplift
Detect early defaulters
Improved detections of suspicious activity
Our machine learning platform detects behavioural patterns from the 10 million data signals we collect
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We then turn these signals into granular insights on your customers
Risk
Early default
Insurance underwriting score
Risk-based pricing model
Probability to file a claim
Credit line increase model
Collections model etc.
Fraud
Early fraud indicators
Referral abuse
Fraud score
IP mismatch
Cashback abuse
Loyalty points abuse
Marketing
Approval score
Customer persona
Application engagement score
Probability to apply or buy
Drop-off analysis
UI friction score
Lookalike audience etc.
Schedule a demo with one of our experts, and learn how credolab can help you make more informed decisions about your customers.