Cognitt
 
 
Quantifying People's Willingness to Pay

Cognitt helps you predict borrowers' willingness-to-pay. A score of willingness-to-pay will complement the score of ability-to-pay and make a robust credit score for any burrower.
 
 
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Cognitt BCS

We use alternative data and innovative technology to help financial institutions and retailers to assess the probability of default. Our application collects and analyzes non-traditional information about borrowers to better forecast their likelihood of default. Financial institutions are traditionally good at analysing  capacity, capital, collateral and conditions in the classical 5Cs model of credit appraisal. But they find it difficult to assess the character aspect of the 5Cs. Capacity, capital and collateral indicate the borrower's 'ability to pay', these factors are unable to indicate the 'willingness to way' side of the borrower. Cognitt BCS steps in to fill this gap and forms a credible tool to quantify character.

More comprehensive

Measuring a prospective borrowers' ability to pay does not throw enough light on their 'willingness to pay'. We therefore help lenders measure something that all borrowers have - character, their willingness to repay. By gauging values, ethics, honesty, intelligence, attitudes and beliefs, we develop a deeper and more quantitative measure of credit risk.

SCIENTIFIC APPROACH

Our credit scoring algorithms are built on top of the largest and fastest growing outcome-based psychometric database. The program is self-learning and constantly incorporates new data to maximize predictive power. Our leading edge statistical techniques learn and adapt quickly to prevent fraud and gaming.

Universal Application

Our content is developed by pioneering psychometric researchers and customized across cultures and product types to measure risk for any individual, anywhere. Our technology integrates easily with existing systems to adapt to your processes and customer base. Cognitt BCS is customisable for both business and consumer loans, multiple languages and platforms (online, offline, tablet, mobile phone).

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Behavioral Credit Score

SCIENTIFIC APPROACH

Our credit scoring algorithms are built on top of the largest and fastest growing outcome-based psychometric database. The program is self-learning and constantly incorporates new data to maximize predictive power. Our leading edge statistical techniques learn and adapt quickly to prevent fraud and gaming.

BCS
Business

BCS FOR BUSINESS LENDING

It’s a competitive advantage. Banks and NBFCs can use BCS Business to expand their MSME portfolios.

  • For MSME entrepreneurs and self-employed individuals
  • For working capital, unsecured term loans, asset finance, and more
  • Approvals of Rs.5000 to Rs.500,000
  • Terms between 3 to 48 months
  • Formal and informal businesses
 
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BCS
Consumer

BCS FOR CONSUMER CREDIT

BCS Consumer is a better way to know your customers. Retailers and lenders can use it to safely increase purchasing power of customers.

  • For underbanked consumers who need a computer for their child, for example
  • An in-store line of credit from Rs.5000 to Rs.200,000
  • Terms between 3 to 48 months
  • For unverified salary employees 
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Try out our 2-minute-free-demo. No credit card required. This summary demo gives a flavour of what constitutes an alternative credit score.

For a professional deployment, request a call-back. We will set up the CCS and customise it for your specific needs. Also, we'll hand-hold you through the implementation process. For an off-the-shelf purchase, order a product.