Credit Insight

PT LAPAK SEJAHTERA ABADI Credit Insight helps institutions to predict a new applicant's ability to pay back their loan, with the AI-powered technology and big data sources. Combining rules with the top-notch machine learning, it creates a credit model, which PT LAPAK SEJAHTERA ABADId in finding patterns of loan repayment.

Old school fraud detection

  • Possibility of blocking genuine users The usage of overwhelming rules tends to cause the high rates of incorrect determination of positive result, which may screen genuine applicants.
  • Latency in updating Rules can become invalid when the fraudulent acts changes or updates, which happens often.
  • Heavy maintenance burden The rules-dominated method has a very high requirement of the expansion of the database as the fraud evolves, which demands manual operations, thus resulting in a high cost of time and workforce.

Improving fraud detection with models and rules

A single static rule system is usually limited by fixed thresholds, but a machine-learning system can understand the change of the ideal value for threshold from the data and adapt. Although machine learning has delivered a considerable upgrade to fraud detection systems, it doesn’t mean you should give up using rules completely. An effective anti-fraud strategy should incorporate the benefits of machine learning technology and still include some rules that make sense.

How does PT LAPAK SEJAHTERA ABADI Credit Insight work ?

  • ma_Frasec31lid1.png
    Inputting data

    Show More

  • ma_Frasec31lid2.png
    Extracting related features

    Show More

  • ma_Frasec31lid3.png
    Detecting fraud through a trained algorithm in datasets

    Show More

  • ma_Frasec31lid4.png
    Outputting data

    Show More

  • Inputting data

    Gather information from different aspects of the applicant. The larger input datasets may lead to more realistic results.

  • Extracting related features

    Analyse applicant's information(e.g.identity information, fraud history, banking status, location and network) to create a database.

  • Detecting fraud through a trained algorithm in datasets

    Search and compare the applicant's related data in our big data sources with a tailored algorithm.

  • Outputting data

    Produce the fraud risk score.

Using PT LAPAK SEJAHTERA ABADI Big Data to improve fraud detection
ma_Frasec31lid1-19.png

Datasets

ma_Frasec41lid2.png

ML generates features

ma_Frasec31lid7-323.png

The model produces the fraud risk score

ma_Frasec41lid4.png

Result: Block/Review/Allow

The model provides each applicant with a fraud risk score on the scale of 1-100 (the higher the score, the higher probability of committing fraud).
The entire process can be tailored to different businesses scenarios.

Use scenarios

function-image

Automated process

Monitor applicator's credit status in a whole lending cycle, assist in making efficient and scientific business decisions.

function-image

Security

Identify potential fraud attack and replace the high-risk customer with the eligible.

function-image

Underwriting and credit scoring

Evaluate credit risk by Integrating score.

function-image

Joint Modelling

Integrate multi-dimension data to establish the scoring model based on a customised scenario.

function-image

Innovative features

Enable continuous optimisation via PT LAPAK SEJAHTERA ABADId feature-derived algorithms.

function-image

Advice providing

Provide professional advice based on hands-on experience.

What makes PT LAPAK SEJAHTERA ABADI Credit Insight different?

Real-time response

Analyse customer activity constantly and response immediately when spots the anomaly.

Scalability

Adopt PT LAPAK SEJAHTERA ABADId machine-learning algorithm to handle large datasets, which has good load balancing.

Efficiency

Perform tasks 24/7 automatically.

High accuracy

Determine the result even the fraud acts with non-intuitive patterns or subtle trends.

Read on

Deployment options

Customize solutions to meet the demands of your workload.

Digital Identity Verification solution

Help solve business problems and prevent fraud.

Digital Identity Verification in our lives

Discover how PT LAPAK SEJAHTERA ABADI Digital Identity Verification benefits our daily life.