Upgraded Alternative Credit Data for Indonesia’s Digital Lenders

In Indonesia’s dynamic lending market, assessing creditworthiness can be complex, especially with new users and thin files. TrustDecision’s upgraded Credit Data Insight solution now provides a holistic view of applicants by examining family financial status and identifying fraud patterns. These enhancements offer digital lenders deeper insights and improved accuracy for better credit decisions and robust fraud prevention.

August 5, 2024

3 minutes

TrustDecision

What’s NEW?

Sometimes, an applicant’s financial background alone isn't enough to make the right credit decision, especially when financial and digital inclusion bring in many new credit users with thin files, presenting both opportunities and challenges.

That's why TrustDecision has enhanced its Credit Data Insight solution to give you a more complete view of an applicant's profile. With the new features, we can help you conduct a mroe thorough background check on an applicant’s family financial status and risk indicators, as well as identify any fraud patterns in our dataset.

Track Fraud Networks with Precision Graph Analysis

Get insights into user behavior patterns analyzed and matched with our fraud pattern database. This powerful tool provides robust quantitative evidence, revealing the fraud ring a user belongs to, its scale, and other critical insights. With this knowledge, you can effectively target and neutralize the most dangerous threats.

What’s IMPROVED?

Assessing an applicant's creditworthiness isn't a walk in the park, especially with fraudsters getting craftier by the day. With fraudsters now becoming more sophisticated in developing new tricks like applying with synthetic identity and organized fraud schemes, digital lending companies often face hurdles with accurate identity verification and credit risk scoring.

TrustDecision, on the other hand, is always fine-tuning our fraud and credit risk solutions to catch fraud before it even has a chance to slip through. By tapping into richer data sources and using cutting-edge algorithms, we make sure your lending process is as accurate and secure as possible.

Boost Fraud Prediction Capability by 10% with Multi-Platform Insights

This major upgrade boosts data integration capabilities by pulling in data from multiple channels, analyzing past application behaviors across different platforms to enrich resources. With a solid 10% improvement in the model’s predictive power, more reliable data support is now available to catch fraud and drive better business results.

Wider Country & Data Coverage of Device Score

Boost data coverage in Indonesia by 5% and extends support to Nigeria, Kenya, and Pakistan. By analyzing the usage and behavior of electronic devices like smartphones, this innovative credit scoring model offers lenders a deeper, more comprehensive view of a borrower's creditworthiness.

Our latest updates bring powerful enhancements for credit lenders in Indonesia and beyond, delivering sharper accuracy, wider data coverage, and cutting-edge detection capabilities. These upgrades are crafted to provide you with more reliable data support, an enhanced user experience, and robust fraud prevention. We are dedicated to constant innovation to meet your evolving needs. Ready to see the difference? Request a demo today!

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