Sherlock Lending at a Glance
With the increasing demand and supply of credit, specifically in the digital lending space, the proportion application risk and losses due to intentional early demise is also increasing. This has a negative impact on business objectives and performance. It is advisable to mitigate application risk right from the beginning of an application, with a comprehensive solution that helps identify various categories of key risk indicators.
Sherlock is a 360-degree one-stop solution that helps improve the effectiveness and efficiency in identification of high risk indicators contributing to intentional early demise in loans.
Application Risk Detection
Customizable Risk Alerts
Multiple Data Sources
Protect your lending business from Application Risk with Sherlock
Discover Our Comprehensive Application Risk Identification Solution Suite
- Looking beyond Identity Verification-Simplify Customer Onboarding
Identity Misrepresentation is a serious threat. Sherlock has an automated process to verify government-issued Identity documents in real time. Now perform end-to-end validation checks with ease. - AML check-AML screening and monitoring
Streamline your Anti-Money laundering risk and reduce false positives with Sherlock’s automated compliance screening. Get AML checks done in seconds to onboard your authentic customers. - Anomaly detection-automatic anomaly detection
Sherlock detects signs of fraudulent manipulations and different types of anomalies in the applications flow and thereby identifies high risk customers. - New to credit cases
In case of a new to credit portfolio, where the applicant does not have a footprint either in the application data or the bureau data and not much information is available for due diligence, Sherlock can raise red flags around anomalies against application elements, KYC verification failures and other checks around email and litigation. - Predictive analytics solutions-detect potential security threats
Sherlock uses the most effective data analysis techniques including consumer trends to detect and prevent suspicious activity, successfully detecting and preventing application fraud. - Comprehensive risk assessment report-mitigate risks to an acceptable level
Download the full report for in-depth observations, additional findings, and recommendations - all the information now in one comprehensive report. Sherlock’s comprehensive fraud risk assessment report helps lending institutions proactively address vulnerabilities and take requisite actions. - Seamless Customer Experience-identify risks and control them
SHERLOCK performs verifications against multiple data sources in a single click thereby completely digitizing the process without impacting the customer experience. Mitigate fraud risks while ensuring that the customer experience does not get hampered with Sherlock Lending’s fraud prevention solutions.
How can we help you?
- Protect you from financial losses.
- Save your time and money wasted on manual application risk detection process.
- Strike the right balance between secure and frictionless customer experience.
- Automatically block fraudulent applicants, before they attack your business
- Automatically block risky applicants and minimize business losses.
- Provide uniform recommendations on the next course of action, once application risk is detected.
- Enrich the decision making system with real time analytics and increase the speed of interventions.
Sherlock Lending A Trusted Partner To Protect Your Business
How it works
Why Choose Sherlock Lending for Application Risk Mitigation
- Top-notch technology platform that protects your lending business from application risk.
- Reduces false positives to improve the catch rate.
- Customizable application risk protection parameters.
- Clear acquisition analytics to take fully informed decisions.
- Real-time application risk detection and monitoring with effective configurable alerts.
- Assisted investigation on high risk flags.
- Can be easily embedded and integrated into your workflow.
- Lower review time for high risk cases.
- Vast & ever expanding data network.