Clarity Services and Enova Decisions Partnership Pairs Exclusive Subprime Data with Digital Decisioning
22 September 2017 - 12:00AM
Business Wire
Clarity Services and Enova Decisions are partnering to help
businesses deliver a better customer experience and improve
business performance. Together, they combine exclusive data
solutions from Clarity with advanced analytics and digital
decisioning technology from Enova Decisions to automate operational
decisions concerning fraud, credit risk, identity verification,
payments, collections, and marketing.
Clarity is the leading and largest subprime credit bureau in the
U.S. With a database that holds more than 60 million unique
consumer identities, Clarity has more subprime data than any other
alternative credit bureau.
Clarity’s non-traditional credit data strengthens Enova
Decisions’ offering by providing exclusive data that is not
available from the traditional bureaus, for a more complete view of
consumer credit risk. Lenders who use only traditional bureau
scores are missing a wealth of information that could have a huge
impact on underwriting decisions.
“Non-traditional credit data not only outlines credit
transaction history, it also supports solutions that can help
detect and prevent fraud, comply with regulations, and reduce
overall risk,” said Tim Ranney, President and CEO of Clarity
Services. “This data fits perfectly into Enova’s platform.”
"Businesses are looking toward three key technology trends that
are here to stay: data-based solutions, AI solutions, and
cloud-based solutions. Through our technology, we are excited to be
able to offer businesses all three,” said Sean Naismith, head of
analytics services for Enova Decisions. “And with Clarity’s data,
our solutions are even stronger. Clarity’s non-traditional credit
data helps paint a more accurate picture of consumers, helping
Enova Decisions provide businesses with optimal operational
decisions through the use of tailored analytics and digital
decisioning technology."
About Clarity Services, Inc.
Clarity Services, Inc. provides powerful real-time fraud
detection and credit risk management solutions for lenders serving
subprime consumers, including thin file and no file consumer
segments. Clarity’s suite of FCRA-regulated reports and scores give
lenders visibility into critical subprime consumer information not
available on traditional bureau reports. For more information about
Clarity Services, visit our website.
About Enova Decisions
Enova Decisions uses real-time predictive analytics, AI, big
data, and its on-demand digital decisioning platform, Colossus, to
help companies build decision flows that make data-driven
operational decisions instantly and at scale. Chicago-based Enova
Decisions is part of Enova International, Inc. (NYSE: ENVA), a
leading technology- and data-analytics-driven online lending
company that operates 10 brands in four countries. Enova now
leverages its 14 years of proven technology and analytics expertise
to help clients thrive with custom, real-time analytics services
and instant data-driven decisions at scale.
Visit www.enovadecisions.com to learn more.
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version on businesswire.com: http://www.businesswire.com/news/home/20170921005012/en/
Clarity Services, Inc.Media Contact:Susana Walls,
727-400-6762Vice President, Marketing