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 leader in bank verification, has established so it has surpassed the 10 million customer mark. DecisionLogicвЂ™s clients consist of vendor loan providers, home loans, property agents, payday and money installment loan providers, stores, customer finance businesses and finance institutions in Australia, Canada, uk, united states of america and brand New Zealand.
DecisionLogic is a bank that is advanced Software-as-a-Service (SaaS) platform enabling loan providers to immediately verify a possible borrowerвЂ™s banking information on the internet and in real-time. Past means of doing this technique created many issues for both the loan provider and debtor, including inconvenience, wait, inaccuracy and fraudulence. DecisionLogic originated this technology by having a objective to enhance asset verification for both the customer and service that is financial, improving the monetary industry in general and producing possibilities for a big part of the populace to gain access to monetary assets which is often therefore critically vital that you their wellbeing.
вЂњDecisionLogicвЂ™s fresh, real-time transactional data leads just how because the monetary 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 their monetary вЂreport cardвЂ™. Customers and loan providers appreciate we provides understanding of a borrowerвЂ™s financial profile that reports current real-time banking history, work and investing. FinTech should democratize the consumerвЂ™s role when you look at the industry that is financial.