Intelligent Decisioning Waterfall - Consumer Card

Robust real-time orchestration with enhanced risk mitigation, incorporating friction only where necessary and supported by comprehensive audit logs.
Direct Amount contracting and orchestration with third-party data sources to create a comprehensive out-of-the-box origination solution that highlights our Superior Risk Decisioning and Arriving With Lending Intelligence value propositions.

Applicant Data Capture

More Info

In order for the Amount's Intelligent Decisioning Waterfall to have maximum impact, the applicant's data is collected along the applicant's journey. Along that applicant journey Amount will leverage ThreatMetrix to ensure device compliance, Smarty to prefill and validate address information, and Prove to prefill Name, Address, & Social Security Number based upon the applicant simply filling in the mobile number.

ThreatMetrix

ThreatMetrix profiles the device being used to complete the application to return hundreds of attributes, including IP address, DNS, ISP, VPN, virtual machine use, OS, browser, physical location, and network activity of that device. Data such as IP address, operating system and browser configuration are used to assign a "device fingerprint" to devices that interact with the application. This data, in addition to cookie based tracking, is used to identify devices that have been used to submit applications, and support link analysis that may be indicative of one fraudster using multiple stolen identities.

Smarty

A reseller of the U.S. Postal Service data, which is used to screen for risky address types, ZIP code mismatches, and standardize addresses into USPS format.

Prove

In order to allow our customers to satisfy Know Your Customer (KYC) regulations and validate applicant personal information via automated methods, Amount has integrated Prove's Identity Eligibility and Identity Pre-Fill APIs.

Featured Vendors

Eligibility Rules

More Info

Eligibility rules are run before a credit report is pulled. The rules will be run from top to bottom and the order will be used to prioritize which decline reasons are displayed in the adverse action template.

Minimum Age

Geographic Footprint

Minimum Gross Income

Citizenship Status

Prior Confirmed Fraud

Declined Too Recently

Credit Rules

More Info

After a credit report is pulled, decline rules are run using the report. The rules will be run from top to bottom and the order will be used to prioritize which decline reasons are displayed in the adverse action template.

Bureau No Hit

Number of Open Tradelines

Credit Freeze

Delinquencies

Missing Score(s)

Number of New Lines & Inquiries

Invalid Score

Utilization

Score Too Low

DTI

Tradeline Age

Derogatory Public Records

Featured Vendors

Product Rules

More Info

If an applicant passes eligibility and credit rules, the product decision framework decides how much to let the applicant borrow for each possible loan term and at what price. It is possible for an applicant to pass eligibility, credit but not be eligible based on the product decision. In that case, the applicant will be declined and an adverse action will be sent to the applicant.

Loan Amount <= Policy Maximum