ID Analytics Introduces Credit Optics Supplemental Credit Score

Traditional credit scores determine credit risk by predicting the willingness and ability to repay debt. In today's dynamic consumer lending environment, creditors are looking for innovative ways to analyze the creditworthiness of both existing and potential customers. ID Analytics Credit Optics introduces a unique, third dimension to this analysis--real-time visibility into the stability of an individual. Stability is assessed by examining changes to identity risk and credit risk over time. When used in combination with traditional credit scores at the point of origination, this incremental perspective of risk has proven to eliminate up to 25% of credit losses without reducing the number of accounts booked.

For existing loan portfolios, ID Analytics Credit Optics can be used to dynamically monitor risk levels resulting in better informed decisions around extending targeted offers and lower financial losses.

"With the introduction of ID Analytics Credit Optics, we are entering the credit analytics industry with a supplemental score that delivers an important differentiator to our customers-the ability to make well informed decisions in a fast-changing credit environment," said Bruce Hansen, chief executive officer for ID Analytics, Inc. "Our new score helps organizations avoid losses by better analyzing the creditworthiness of new prospects and monitoring existing customers."

For more information about ID Analytics Credit Optics, please visit http://www.idanalytics.com/solutions/credit_optics.html.