Clear Bank Attributes™
Clear Bank Attributes™ offers an evaluation of your applicant’s banking history by reporting known bank accounts and enhancing them with check cashing and retail check writing indicators. Clear Bank Attributes™ communicates important details about the consumer’s usage of bank accounts for various financial services activities, provides more visibility on consumers by identifying high risk behavior and supplies a
comprehensive look into their banking history.
Clear Bank Attributes™ Features:
- Robust suite of over 200 distinct attributes.
- Granular details at the bank account and consumer level.
- Banking Institution Risk
- Historical Review:
- Check cashing activity.
- Retail check writing risk level.
Clear Bank Attributes™ Benefits:
- Provides invaluable insight into an applicant’s banking, check cashing and retail check writing activity.
- Empowers lenders to intelligently assess the overall risk associated with the consumer’s financial services activity.
- Conveys Clarity observed performance for known bank accounts.
- Identifies risk due to:
- Known bank accounts possibly linked to fraud or prepaid cards.
- Quantity of high risk accounts
- Bank account usage and performance
- Negative retail check writing history
- High risk financial institutions
Contact us to learn more.