Basisbank will manage risk and accelerate digital transformation with FICO technology

Leading Danish online lender will gain flexibility and control over risk exposure

Highlights:

  • Basisbank, an online lender in Denmark, will control credit risk and accelerate its digital transformation using FICO® Blaze Advisor® decision rules management system
  • Basisbank risk analysts will be able to quickly make changes to credit strategies for unsecured consumer loans and point-of-sale financing
  • FICO Blaze Advisor is part of the groundbreaking FICO® Decision Management Suitefor building and deploying decision management applications

Basisbank, an online lender in Scandinavia, will control credit risk and accelerate its digital transformation using FICO decision management technology, analytic software provider FICO announced today. With FICO® Blaze Advisor® decision rules management system, Basisbank risk analysts will be able to quickly make changes to credit strategies for unsecured consumer loans and point-of-sale financing in order to increase profitability and reduce the risk of loans going unpaid. Basisbank receives more than 75 percent of its credit applications from mobile devices.

Read more here.

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