THE LEADER IN
A better credit scorecard means more revenue through higher approval rate and stronger profitability thanks to lower credit loss. This can be achieved by adding additional data points from social media. We know it is true, because we have made it happen to a number of creditors.
The Big Data Scoring team has almost a decade of experience in the field of credit scoring and consumer credit in Scandinavia and Central & Eastern Europe. In 2012 we combined social media data with real-life payment data to build the credit score model of a mid-sized consumer credit specialist and witnessed astonishing improvements in credit quality and customer performance. After time-consuming development and comprehensive testing, we now offer the leading social media scoring technology (Big Data Score (tm) ) to financial institutions and creditors around the world.
Among others, our potential clients include commercial banks, credit card providers, consumer finance companies and peer-to-peer lenders. If you have thought about adding social media to your underwriting process, we have just the solution for your organization.
Legislative framework regarding data collection and processing may depend on client jurisdiction and is to be discussed before launch of services with any client.
Big Data Score can improve the quality of your underwriting decisions while enabling you to serve more customers.
If you are still scoring customers using traditional application and credit bureau data, then you are neglecting a valuable source of data. Social media sources, such as a Facebook account, hold thousands of more data points compared to traditional data sources. Implementing Facebook into your scoring application and underwriting process is easy thanks to our scoring as a service solution.
1. Contact us and we will guide you on how to install our plugins to your sales platform.
2. When integrated, our solution collects on average 7000 data points for each of your applicants from Facebook and scores them real time, using the most modern data processing tools and techniques. As a result, you will receive our Big Data Score (tm) which you can easily use individually, or implement as part of your existing scoring process.
3. As a result, you can significantly raise credit quality and increase the number of clients served. When we update and improve the scorecard, you will reap the benefits at no extra charge. That´s why it pays to be our customer.
Contact us for pricing and free-of charge test periods.
For high volume customers and data sharing partners we produce bespoke solutions to further improve the social media score which is delivered to them
> Contact us at email@example.com for easy installation guide and more information
This product has the potential of changing the lives of people now, and it may change whole economies in the not-so-distant future
“After having studied the credit scoring services offered by Big Data Scoring, we are impressed by the new, additional dimensions of credit assessment the service brings in terms of enhanced data mining through social media, as well as the resulting added accuracy in predicting client credit behavior and reduction in credit losses.”
Phone: +372 56 800 458