San Diego Business Guides Customer Finance Business with Realtime Electronic Transactional Data That Renders the FICO Score Obsolete
SAN DIEGO–( COMPANY WIRE )–DecisionLogic, a FinTech frontrunner in bank verification, has established so it has surpassed the 10 million customer mark. DecisionLogic’s clients consist of vendor loan providers, home loans, real-estate agents, payday and money installment loan providers, merchants, customer finance organizations and banking institutions in Australia, Canada, uk, usa and brand New Zealand.
DecisionLogic can be a advanced level bank verification Software-as-a-Service (SaaS) platform allowing loan providers to immediately validate a possible borrower’s banking information on the internet plus in real-time. Past options for doing this technique created many dilemmas for both the lender and debtor, including inconvenience, delay, inaccuracy and fraudulence. DecisionLogic originated this technology with a objective to enhance asset verification for both the customer and service that is financial, enhancing the economic industry in general and producing possibilities for a sizable part of the people to gain access to monetary assets and that can be therefore critically crucial that you their wellbeing.
“DecisionLogic’s fresh, real-time transactional information leads the way in which given that economic industry learns to go beyond the original вЂdinosaur’ FICO credit history,” said David Evans, president of DecisionLogic. “We give consumers an easier way to retake ownership of theirвЂreport that is financial card’. Consumers and loan providers appreciate that individuals can offer understanding of a borrower’s profile that is financial reports current realtime banking history, work and investing.