Lenders use EDGE to see opportunities and risks for consumers who are misrepresented by traditional credit scores.
Almost half the U.S. population is unserved or underserved by traditional risk-scoring methods that look only at past payments and balances of credit accounts as a proxy for future risk.
By looking beyond a credit score, EDGE provides insight into financial activities and behaviors that are empirically proven to be much more predictive of creditworthiness for these consumers.
In turn, our customers can confidently extend credit to many of those consumers often otherwise overlooked.
The daily activity and balances in consumers’ checking and savings accounts provide a more complete, current view of their ability and willingness to make loan payments.
Particularly for the millions of consumers with Vantage® and FICO® scores below prime, cash flow underwriting is the standard to assess true risk.
With EDGE, lenders see cash flow behaviors in the context of industry-wide risk and can make better informed underwriting decisions.
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Coverage of nearly every checking, savings, and share draft account in the U.S.
Smart routing across portfolio of data aggregator relationships for more successful connections, faster consumer experience, and better data.
Secure, tokenized credentialing utilizing the latest OAuth and direct to core protocols available for every institution queried.
Paystreams from traditional and nontraditional employment analyzed with technology developed through millions of credit decisions.
Real-time insight into cash flow available to repay obligations with decision-ready attributes for deployment as rules or in risk models and scorecards.
Value-added cash flow underwriting analytics including income timing and stability.
Attributes similar to mainstream credit bureaus utilized by lenders in credit risk models and decision rules.
Real-time insights into income, indebtedness, balance trends, and high risk behaviors not found on a credit report.
Developed and tested in millions of real-world credit decisions.
Decision on a more complete financial picture with risk insights complementary to traditional credit reports and scores.
Built on industry’s largest data lake of banking activity data coterminous with credit decisions and loan outcomes
Verify an applicant’s identity and account number with data sourced from their financial institution.
Expose additional fraud risk with industry-first identity & fraud attributes derived from banking activity data.
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Develop checklists and rules sets based on EDGE cash flow analytics tailored to your business.
Test and learn with analytics and performance data resident in EDGE’s portal to improve rules based on your risk parameters.
Platform and analytics created to address lenders’ specific needs
Insights grounded in performance of over four million lending decisions
Single integration for bank data connectivity and analytics
Data and privacy protection as a Consumer Reporting Agency to safeguard consumers and lenders
