Alternative Data: Predictive Data in Modern Lending

Discover how our new REVELAR 2.0 solution analyzes your data to uncover new potential -- reducing financial volatility, mitigating risks, and ultimately creating new revenue streams.

  • Reduce your COA and expand your offers and approvals
  • Implement our compliant and secure solution into your existing enviroment
  • Increase credit qualified candidates in your existing database
  • Make your data more valuable and with less risk

Furnisher Data: Commitment to Accurate Reporting

Not only can our REVELAR 2.0 solution analyze your data to uncover new potential, it can also analyze your reporting data.

  • Reduce time spent rectifing reporting inaccuracies
  • Intercept and correct data inaccuracies early, preventing potential bureau submission errors
  • Boost customer trust and happiness by dimishing error rates in reported data
  • Augment operational effectiveness by minimizing backtracking and corrections

Credit Monitoring: Make it Actionable

Many financial institutions today provide a free credit score to their customers, but miss this opportunity.

  • Reinvigorate customer engagement by introducing credit error detection capabilities with our solution
  • Offer users a clear window into potential inaccuracies in their credit reports
  • Transform passive credit monitoring checks into proactive financial management
  • Motivate consumers to use your credit monitoring by highlighting an interactive and impactful tool

Outreach Marketing: Healthy Credit Messaging

With consumer financial health a priority for institutions, utilizing Revelar 2.0 can unlock more interactions. 

  • Reactivate dormant customers through specific engagement with our error detection solution
  • Reach consumers with probable errors to promote healthy and accurate credit
  • Create your own competitive advantage with predicted insights
  • Drive consumer engagement to your site for assistance with errors
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The proof is in the data.

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**Findings from two national online surveys Experian conducted regarding alternative scoring and the use of alternative data for lending.

Alternative Data is big business.

"Take alternative data seriously. The old way of evaluating personal credit is not going to work in 2021. Risk models need to adapt, and marketing lenders need to use alternative data to manage this. FICO is now revising their scoring to weigh the impact a personal loan has on a credit score, as a result of the sheer popularity of personal loans—which have led to easy approvals, funding (thanks to the rise of fintech lenders), and too many consolidation loans. FICO is now using an alt data category called “trending data” to track (and score) how well a consumer manages debt levels across all accounts."
American Banker, March 2021

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TrackStar AI in the News

  • Check out our latest article featured in American Banking Association.

  • TrackStar launches AI software for Financial Institutions.

  • AI Adds Fuel To New Credit Scoring Data.