ALGO360 EARLY WARNING SYSTEM - EWS
STAY TWO STEPS AHEAD
Algo360 offers a unique engine which provides real-time updates on user defaults and frauds which helps keeps you on top of decision making.
We have introduced a bunch of new variables which cater to alerting lenders about any suspicious activities. These include –
- New Loan Enquires
- Changes in EMI Amount
- New Credit Card Applications
- Missed Credit Card Payments / Utility Bill Payments
- Changes in Monthly Debit / Credit Transaction Value
- Changes in Trading Amounts and Mobile Recharges
The EWS variables can be used in the credit risk assessment model by the lending organizations for effective collection process