Confidence in Every BNPL Transaction
Expand your customer base, manage risks, and identify BNPL fraud with digital footprint analysis.
Key Benefits of Digital Footprint
Analysis for BNPL providers
Enhance credit risk assessment
Get 300+ insights from an email and phone number analysis to boost your credit decision accuracy and reduce never pays.
Expand customer base
Offer BNPL option to underbanked or unbanked populations. Tap into new customer segments without credit histories.
Improve customer experience
Create a seamless onboarding experience and simplify applications without compromising security.
Get alternative data to unlock new markets
Digital Credit Scoring for BNPL Providers
RiskSeal empowers BNPL providers to make informed decisions through comprehensive digital footprint analysis.
Simply by using a customer's email and phone number, RiskSeal issues more than 300 insights, creates a detailed user’s digital profile and calculates a digital credit score.
Risk assessment
Get registration data from 140+ online platforms to prevent fraud and reduce never-pays.
Real-time decisions
Approve purchases immediately and remove bad actors to prevent unauthorized orders and evasion.
BNPL fraud prevention
Use alternative data insights to fight identity theft, fake accounts, and scammers.
Data enrichment
Gain a comprehensive understanding of users through a 360-degree view of key behavior metrics.
Frictionless onboarding
Minimize drop-offs during onboarding by streamlining the identity verification process. Save up to 70% on your KYC budget.
Customized approach
Experience a tailored service, considering regional nuances and incorporating the platforms you require.
Results of BNPL businesses
Approved customer base growth
Identification of trustworthy customers from high-risk ones, even with low or no credit rating.
Proactive default prevention
Stop defaulting loans before they happen and avoid the cost of debt collection, or loss from no repayment.
Credit risk reduction
Real-time, accurate, and extensive data to spot default risk, even in underbanked areas or without access to a credit bureau.
Reduced default rates
Use digital footprint analysis and get alternative data to make the right decisions and reduce never pays.
Reach unbanked markets
Enrich your data, create detailed digital profiles, and monitor behavioral metrics to effectively identify valuable customers.
Simple risk navigation
Operate in low-friction and high-risk environments, ensuring accurate and fast digital identification.
FAQ
What data does RiskSeal offer BNPL providers via digital footprint analysis?
RiskSeal provides BNPL providers with digital footprint analysis that includes real-time verification of email, phone number, and IP address. Also, RiskSeal checks the applicant against 140+ platforms like social media, e-commerce and professional services, messengers, gambling websites, and more.
This helps BNPL providers assess credit risk and detect fraud by analyzing consumer behavior and online presence.
What extra data points does RiskSeal use to boost BNPL Digital Credit Scores?
To enhance BNPL Digital Credit Scores, RiskSeal incorporates additional data points including Full Name, Location, and Photo, providing a comprehensive view of a consumer's digital profile.
How does RiskSeal impact BNPL decisions with its Digital Credit Score?
RiskSeal's Digital Credit Score influences BNPL decisions by providing a predictive measure of a customer's likelihood to repay, derived from their digital footprint. This includes analysis of social profiles, professional and educational backgrounds, and lifestyle habits.
It enables BNPL providers to identify high-risk applications early, reducing reliance on KYC and bureau checks.
Furthermore, it bolsters Machine Learning models, improving the accuracy of credit scorecards.
How quickly can RiskSeal process transactions for BNPL services?
RiskSeal processes transactions for BNPL services in real-time, completing checks within 4 to 12 seconds based on the data complexity.
How RiskSeal can improve the default ratio?
How does the integration with RiskSeal look like?
Can you provide examples of the digital and social footprint RiskSeal provides?
Does RiskSeal flag bad customers across the region?
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