Analytics & Credit Decisions Community
by January 25, 2013,
First, it aims to drastically reduce payment acceptance costs
through any and all means and Secondly – keep merchant data firmly
within their purview. MCX – MerChants reduX: The post that
follows is a collection of thoughts around MCX, why it deserves
respect, and yet how it is indeed mortal and...read more
by January 22, 2013,
All skip tracing data is the same, right? Not exactly. While there
are many sources of consumer contact data available to debt
collectors, the quality, freshness, depth and breadth can vary
significantly. Just as importantly, what you ultimately do or don't
do with the data depends on several...read more
by December 20, 2012,
In my last post, I covered the importance of using quality credit
attributes to gain greater accuracy in risk models. Credit
attributes are also powerful in strengthening the decision process
by providing granular views on consumers based on unique behavior
characteristics. Effective uses include...read more
by December 18, 2012,
Cyber Monday recently passed and I'm curious to know if you were
one of the many who contributed to the $1.465 billion spend online
that day? ‘Tis the season - not only for increased online
shopping, but for increased ID theft or risk of fraudulent
activity. With a quick online search, you can find...read more
by December 6, 2012,
Research shows that investing in superior customer management
easily can exceed returns of 20 percent in the first year of
implementation. A return that compounds in subsequent years
as a results of customer-centric strategies that drive customer's
loyalty, new customer referrals, and increased...read more
by December 6, 2012,
The public sector is not unlike the private sector when it comes to
data. Both require accuracy and relevancy for optimized processes
and decision-making. For government agencies, maintaining a
holistic view of constituents is more important than ever. By
linking data across department systems,...read more
by December 4, 2012,
With the constant (and improving!) changes in the consumer credit
landscape, understanding the latest trends is vital for
institutions to validate current business strategies or make
adjustments to shifts in the marketplace. For example, a
recent article in American Banker described how a couple of...read more
by December 3, 2012,
As building blocks to any predictive model development, it goes
without saying that the better the predictive variables, also known
as attributes, the more accurate the predictions. For many
predictive analytic modeling shops, attributes are a key
differentiator to model performance versus the...read more
by November 15, 2012,
Gone are the days when validating scoring models was a thing you
did when you got around to it. Besides that fact that the OCC wants
models validated at least once a year, it’s just good business
sense to make sure your tools are working as expected. At a
minimum, the OCC wants back testing, stress...read more
by November 5, 2012,
The commercial lending - traditional C&I, CRE and other -
segment is one of the last areas to be “automated” or captured
within an automated lending platform. Many of us talk
about the need to automate this segment but the discussion needs to
start with the question of “What does it mean to...read more
