ALGO360 CURRENT USER LOCATION
USER NAVIGATION AT YOUR FINGERTIPS
Location is on of the most important alternative data for credit scoring in India. Algo360 offers unique APIs that help you track users current location, it is approximately accurate to 10 meters. The current location is accessible within a matter of seconds and can be used to cross-check location given by the user during the time of application. More importantly, it gives an estimate of users travel preferences and day to day whereabouts.
Especially, for performing credit risk assessment for banks and NBFCs- this tool is quite useful to track down a user when he is unreachable during the occasion of loan default or when all other forms of communication fail.