Determining the value of each member can be difficult but using behavioral trends
can allow for more accurate estimates of members credit spending and their limits.
Redefining your credit union’s approach to decisioning against risk can help
maximize the growth and make processes more cost effective. Experian allows
you to get ahead of and counter potential risks ensuring the continued growth of your
What will limit risks, prevent fraud, and give predictive data to improve member satisfaction
for credit unions?
Create consistency to support your credit, fraud and compliance policies using
Automate the underwriting process and improve data management for measuring credit
risk and better decisioning with Baker
Hill Origination® Suite
Launching a comprehensive series of checks, searches and counters to screen every
application through Fraud
TrueInsight for VantageScore® is a complete
scoring, consulting and reporting package created specifically to guide credit unions
through every step of the transition to VantageScore. Utilizes advanced analytics
to provide the industry's most predictive and accurate scoring model, to reduce risk
and achieve greater consistency in decisioning with VantageScore.
Accurately pinpoint risk associated with individual accounts and reveal trends
in your portfolio with QuestSM
Maintain quality address information and prevent losses with Address
Identify members developing credit problems, capitalize on opportunities to extend
additional credit or products, and protect members against risk using Risk
and Retention TriggersSM
Reduces risk by prescreening applicants and improves efficiency by automating
the credit decisioning process using Decision
How can credit unions keep a competitive advantage when creating pricing?
Risk-based Pricing Rule can determine the ideal
credit tier breaks and interest rates to maximize portfolio quality and create a competitive
What can credit unions do to meeting compliance requirements?
ID for Fraud Compliance allows for identity authentication procedures
and fraud detection services to help accommodate Customer Identification Programs,
Know Your Customer initiatives and mandates such as the FACTA Red Flags Rule and the
USA PATRIOT Act
A list of customizable products and services that meet Red
Flag Rules along with a list of when they apply
Experian can review and assess a credit union’s portfolio(s) and provide
a gap analysis and project design that meets Basel
II and III requirements, followed by data prep, development, integration,
and validation of loss projections using the a number of models