Equality and credolab join forces
CredoLab x Equality: see how our partnership brings device-driven scoring to handset financing, onboarding, and fraud detection for healthier portfolios.
Client Success Stories
Discover how credolab has transformed businesses by enabling data-driven decision-making and fostering growth through innovative solutions.
Why is this relevant for you?
ID Validation
More than 10 ways to validate identities in the digital onboarding process. ID, Photo, Blacklists, Employment history, and more.
ML-based credit scoring algorithm
Advanced risk assessment through smartphones metadata that protects customers' data privacy
Funding as a Service (FaaS Platform)
Real time loan portfolio and cash flow analytics with automated eligibility rule reconciliation secured funding.
Services payment
Get more resources by increasing and extending the frequency of use of your lines of credit, building loyalty from your customers and allowing them to pay for services on digital platforms.
Payment platform
10,000+ cash in points in Mexico to improve the payment experience of your customers.
Protection
Extended warranty and/or damage coverage insurance for financed smartphones. Don't let your client's accident become your past-due portfolio.
Blocking platform for smartphones and tablets
Automated collection, unlimited messages, and reminders of the payment obligations to customers. The solution works even if the SIM card is replaced or removed. In case of non-payment, the tech blocks the smartphone or tablet remotely, increasing the payment priority and reducing uncollectibility rates.
Onboarding
Origination
Servicing
Collection
COVER THE E2E CREDIT LIFE-CYCLE
Credolab x Mastercard Engage Partner Network
Disrupting smartphone device financing
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?
Disrupting smartphone device financing
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
