Automate your collections recovery process through Machine learning. Credit Nirvana facilitates to try machine learning on your loan portfolio to increase your loan recovery more than 25% and to reduce collection costs more than 40%
Cross-sell/Up-Sell Engine facilitates Machine learning driven efficient Cross sell and Up sell of various financial products using the power of alternate data (Enterprise data, social data, mobile data, Government data etc) and similar Collection score data.
FraudSimple Machine learning and NLP driven Fraud scoring product using the power of alternate data (Enterprise data, social data, mobile data, Government data etc).
Facilitates real time data driven score and profiling of a borrower’s likelihood of going further into delinquency. Provides the Behavioral Default Risk score of each borrower, Provides Default profiling of each borrower ( Very High Risk, High Risk, Medium Risk, Low Risk ). Suggest the best right debt collection follow up actions to be taken for each borrower. Digitally automates and personalize the debt collection follow up actions.
CreditNirvana is a ready to deploy ML Driven collection platform which benefits our clients in multiple ways, such as:-
Collect and recover more by focusing teams and agencies on the right accounts. Automatically allocate collection resources to accounts most likely to pay, instead of spending time on self-cures or accounts with low expected collection amounts.
Automated and Personalized follow up actions based on profile of each borrower. Improved customer relationship and retention.
By using predictive models using alternate data, the lender can make provisioning assessment faster and more accurately
Gain insight and continuous improvement: Learn from performance data to enhance strategies and increase collection results.