San Diego Business Guides Customer Finance Business with Real-time Electronic Transactional Data That Renders the FICO Score Obsolete
SAN DIEGO–( COMPANY WIRE )–DecisionLogic, a FinTech frontrunner in bank verification, has announced it has surpassed the 10 million customer mark. DecisionLogicвЂ™s clients consist of vendor loan providers, home loans, real-estate agents, payday and cash installment loan providers, merchants, customer finance businesses and finance institutions in Australia, Canada, United Kingdom, united states of america and brand brand brand New Zealand.
DecisionLogic is definitely a advanced level bank verification Software-as-a-Service (SaaS) platform allowing lenders to immediately confirm a potential borrowerвЂ™s banking information online plus in real-time. Past means of doing this technique created many dilemmas for both the loan provider and debtor, including inconvenience, delay, inaccuracy and fraudulence. DecisionLogic originated this technology having a mission to enhance asset verification for the customer and economic supplier, improving the monetary industry in general and producing possibilities for a sizable percentage of the people to gain access to monetary assets and this can be therefore critically crucial that you their well-being.
вЂњDecisionLogicвЂ™s fresh, real-time transactional information leads the way in which once the monetary industry learns to maneuver beyond the original вЂdinosaurвЂ™ FICO credit history,вЂќ said David Evans, president of DecisionLogic. вЂњWe give consumers an easy method to retake ownership of their economic вЂreport cardвЂ™. Customers and loan providers appreciate that people provides understanding of a borrowerвЂ™s profile that is financial reports current real-time banking history, work and investing. FinTech should democratize the consumerвЂ™s role when you look at the industry that is financial. (más…)