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Financial institutions need to understand how well a score predicts behavior, such as payment delinquency or bankruptcy, to make more confident lending decisions. By conducting score validations regularly, organizations can ensure they're using the latest data to optimize their lending strategies.
The results of these score validations can be affected by:
Download this infographic to learn more about the importance of regular score validations and how it can have a significant impact on your business.
See Experian Assistant, our latest innovation in GenAI technology, in action – taking financial institutions to the next level by increasing productivity and scaling expertise. In this webinar, discover how to drive higher productivity and customer engagement, minimize time spent writing code, and improve understanding of data and attributes.
In today's market, macro factors can quickly shift the lending environment, disrupting the performance of your risk models and decisioning strategies. Our infographic shares three key actions that can help your organization proactively monitor model and strategy health.
Underreported individual income tax is one of the largest, but most challenging problems facing tax and revenue agencies today. Using our advanced analytics and custom model development services, learn how one agency was able to detect over $33 million in tax revenue gap and prevent future underreporting of taxable income.