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About Us
Strands partners with credolab
Strands and credolab provide a one-stop solution for banks looking to grow their top-line by helping people be smarter with their money.
Why Should This Excite You?
Enhanced Customer Experience
Make better, more timely and relevant product recommendations to your customers.
Faster Decision
Shorten the time-to-yes from days to less than 1 minute with creditworthiness done in real-time.
Agile and Ready to Scale
Feel the true power of an AI-driven solution combined with the embedded scoring technology to provide deeper and more accurate insights.
Onboarding
Origination
Servicing
Collection
COVER THE E2E CREDIT LIFE-CYCLE
How does this partnership work?
Digital Onboarding
TransUnion's digital onboarding solution simplifies the application process for customers, reducing the need for multiple integrations and saving time and resources for IT teams. In addition to identity verification, credoSDK is integrated into TransUnion's digital onboarding solution to confirm the affordability of the applicant and avoid risky lending procedures.
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Benefits of Transunion's Digital Onboarding Solution
Reduce fraud, streamline the application process and improve the customer experience.
Anti-Fraud
Vetting and screening applications for loans and credit cards can be a complicated, time-consuming and expensive process. In collaboration with TruValidate, a TransUnion solution, credolab provides a comprehensive anti-fraud solution that can help detect and prevent fraud during the onboarding process.
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A comprehensive database of devices and fraud evidence:
In collaboration with TruValidate, a TransUnion solution, the fraud score algorithm is powered by the biggest network of devices and fraud reports in the world, with a base of over six billion unique consumer devices.
Identification of device and account linkages:
Identify suspicious devices from genuine ones and even the hidden connections between devices and accounts.
More secure than the traditional approach:
With a device metadata-led approach, it is possible to know the devices connected to the anonymous customer ID.
Agile in response and adaptability in collaboration with TruValidate:
The powerful and flexible business rules editor enables fraud analysts to react immediately to new threats.
To learn more about how to identify, assess and mitigate fraud risks with bespoke machine learning models, check out this comprehensive guide by our Customer Success Manager here.
Evidence
This rule triggers when a device has been confirmed as fraudulent
Watch-list
This rule triggers when the device is on a blacklist
Geolocation
This rule triggers when an application originates from a location marked as risky
Anomaly
This rule triggers when inconsistencies are identified on a device
Velocity
This rule triggers when the same device applies for multiple loans
Risk-Profile
This rule triggers when a device looks suspiciously like confirmed fraudulent devices
CredoScore
Crunches nearly 1 million behavioural features from opt-in metadata to generate credit scores
Device Risk
Uses device recognition and intelligence technology to track over 45 types of fraud and abuse
Insights from a Former Risk Officer
Learn from a former risk officer how to develop sophisticated fraud detection models that understand a fraudulent action and its intention.
How does this partnership work?
About BRAVE by Credolab
An exclusive Digital Behavioural Analysis Solution
BRAVE is a sophisticated behavioural analytics solution designed to thrive in the mobile and online landscapes. It harnesses the vast availability of behavioural metadata, offering real-time information and insights to empower better risk and credit decisions.
SDK Integration
Operates through SDK Integration for Android, iOS, and web platforms
Data Collection
Collects 100% privacy-consented behavioural metadata
Behavioural Analytics
Seamlessly tracks user behaviour
Enhanced Experience
Ensures 100% frictionless digital experience
Evidence
This rule triggers when a device has been confirmed as fraudulent
Watch-list
This rule triggers when the device is on a blacklist
Geolocation
This rule triggers when an application originates from a location marked as risky
Anomaly
This rule triggers when inconsistencies are identified on a device
Velocity
This rule triggers when the same device applies for multiple loans
Risk-Profile
This rule triggers when a device looks suspiciously like confirmed fraudulent devices
CredoScore
Crunches nearly 1 million behavioural features from opt-in metadata to generate credit scores
Device Risk
Uses device recognition and intelligence technology to track over 45 types of fraud and abuse
2023 Expert Guide:
The Importance of Financial Inclusion Strategies and Policies
Explore this introduction guide to financial inclusion with a focus on LATAM (a snippet into Mexico) and APAC, the initiatives implemented and the overall challenges of financial inclusion.
Score every Mexican with BRAVE
BRAVE enable any bank, neobank, digital lender, BNPL player to assess 100% of their incoming applicants
People without credit history (NTC)*
Enable financial institutions to extend credit to New-To-Credit* individuals lacking a credit history, fostering financial inclusion.
Fraud Evaluation
Bolster fraud detection and prevention efforts with insights derived from behavioural analytics.
Credit Card Issuers
Empower credit card companies with a more accurate assessment of applicant risk.
Getting to know fraud detection:
How to use insights gathered
Learn how using machine learning and artificial intelligence applied to dynamic, fresh and real-time data gives the ability for analysis and utilisation to obtain insights and create more accurate behavioural models.
Our SVP of Sales' interview with CNBC-TV18 on data privacy, embedded finance, industry trends and our growth plans
Discovering modern credit risk scoring in buy now, pay later
Challenge accepted:
How challenger banks can grow profitably
Access this ebook now to learn more about the latest thinking and research on how BNPL can thrive.
Make smart money management smarter
Equality and credolab joined forces to cater disruptive technological solutions to lenders providing handset financing solutions to unbanked and underbanked customers. By adding credolab alternative credit scoring and anti-fraud tools, Equality has put together a portfolio with 7 turnkey advanced technological solutions to create and accelerate handset financing businesses in Latin America. Together, we are disrupting the credit granting and underwriting process unlocking a series of opportunities where credit quantity and quality is maximised, and delinquency and fraud rates are kept well under control. Learn more about our benefits and details in the infographic.
How do we fit into your business model?
Arrange a meeting with us to discuss