We are happy to announce that ERIF to the power of Nethone, a joint solution of Nethone and ERIF Credit Bureau, has been nominated in the "Technological Solution of the Year FINTECH 2019" category in the Loan Magazine Awards 2019.
Loan Magazine, a portal specialised in the financial industry, recognized 5 companies operating in the digital lending market that represent the highest standards and best practices.
ERIF to the power of Nethone is a solution using advanced Nethone technology based on deep user profiling, Machine Learning and in-depth knowledge of measuring credibility and behavior of the consumer. It analyses over 5,000 attributes about every website user, exhausting the "here-and-now" perspective in online channels, enabling effective anti-fraud protection, assessing the level of trust in relation to users visiting the customer's site, device identification, attribution and assistance in risk assessment.
Thanks to this, ERIF to the power of Nethone is guaranteeing the increase in the accuracy of credit decisions, as well as improving efficiency and larger control over the costs and profitability of online transactions. In addition, the tool allows to reject fraudsters and users with low-credit scoring at the early stage of the verification process.
It’s the second nomination from the Loan Magazine jury for Nethone.