Fraud x PDL: How People Data Labs Helps Fintech Companies Fight Fraud
A fintech vendor in the commercial lending space came to People Data Labs with a problem. While their revenue depends on their ability to verify the credibility and history of potential credit applicants, they struggled to find sufficient data to confirm applicants’ identities, especially small business applicants. They turned to People Data Labs for help connecting loan applicants to businesses through data.
Faster matches for time sensitive loan applications
Better more accurate matches between applicants and legitimate businesses
More accurate fraud models for loss prevention powered by PDL data