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. DecisionLogicвЂ™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 borrowerвЂ™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.
вЂњDecisionLogicвЂ™s fresh, real-time transactional information leads the way in which given that economic industry learns to go beyond the original вЂdinosaurвЂ™ FICO credit history,вЂќ said David Evans, president of DecisionLogic. вЂњWe give consumers an easier way to retake ownership of theirвЂreport that is financial cardвЂ™. Consumers and loan providers appreciate that individuals can offer understanding of a borrowerвЂ™s profile that is financial reports current realtime banking history, work and investing.