“DemystData’s Credit-in-a-Box suite enables financial institutions to leverage the power of big data and machine learning to make better lending decisions. As customer information becomes available, the DemystData API provides for real time aggregation of thousands of publicly available attributes from sources including social networks and online searches and returns this data in a structured, easy to comprehend format. Transparent, modern day scores analyzing factors such as customer identity and behavior provide lenders with an additional mechanism of knowing who their customers are and measuring financial risk and customer value.”
DemystData’s Credit-in-a-Box Uses Big Data to Help FIs Make Better Lending Decisions
Next, DemystData took the stage with its Credit-in-a-Box Suite:
Product Launch: November 2011
HQ: Hong Kong, China
Founded: June 2010
Metrics: Series A Investment
Website: demystdata.com
Twitter: @demystdata
Finovate demo video: Demo videos will be posted next week
Introducing Mark Hookey (Founder) and Oliver Meyrick (Managing Director, Europe & Asia)