credolab
Financial ServicesSingapore, Singapore11-50 Employees
Credolab stands at the forefront as a leading Data and Analytics platform, modernising decision-making processes in risk assessment, fraud detection, and marketing strategies across diverse sectors such as banking, digital lending, and insurance. Our solutions harness proprietary behavioural biometrics and device fingerprint metadata derived from privacy-consented, non-personal, and anonymised smartphone and web interactions. With our proprietary Machine Learning algorithms analysing over 80,000 privacy-consented data points from smartphones and web interactions, Credolab delivers real-time scores and rich consumer behaviour insights through a unified API. This empowers precise and data-driven decisions, leading to: • Improved risk assessment with alternative risk scores, offering higher predictive capabilities to identify potential defaulters, resulting in increased approval rates and decreased risk costs. • Enhanced fraud detection through fraud scores and checks, efficiently identifying fraudulent applications and usage to mitigate fraud costs. • Actionable marketing insights drive more effective lead generation and campaigns, optimise conversions and enhance marketing spend. • Enriched data, transforming digital footprints into highly predictive insights and scores to deepen customer understanding. Established in 2016, Credolab has achieved global expansion, with offices strategically located worldwide and a team spanning 11 countries. Serving a client base of over 200 in 52 countries, our commitment to continuous innovation is evident in delivering solutions that propel business success, champion financial inclusion, and foster a positive impact on the bottom line across diverse industries.