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Credit bureau launches solution to boost borrowers' profiling – Punch Newspapers - Vimarsana News

Credit bureau launches solution to boost borrowers' profiling – Punch Newspapers

Punch Newspapers Sections Agency Report Published 12 March 2021 CRC Credit Bureau has launched CRC Returnex, a data enabled solution that provides lending institutions the means of using artificial intelligence to identify and retain borrowers in their portfolio. A statement on Thursday titled ‘CRC Credit Bureau launches CRC Returnex’ said with this product from CRC, lenders could effectively profile borrowers that would likely take loans again, those that may borrow from other institutions and those who may stop borrowing in entirety or for a duration of time. It stated, “This innovat...