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You might also find the following useful for your bank:

RED SHIELD

The Red Shield solution is a streamlined, low cost Red Flags verification process that analyzes the likelihood of identity fraud instantaneously.

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WATCHLIST – OFAC SEARCH

A federal government mandate, this report checks to see if a customer is any way connected with terrorist organization.

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IDENTITY VERIFICATION & FRAUD

MicroBilt offers the leading identity verification products and services and cutting edge authentication products that will minimize your risk.

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 | Appliance: Report to the Credit Bureaus | Appliance: Simple Red Flags Compliance | Appliance: Verify Customers Identity | Bank, Finance and Leasing: Asset Management Business: Check a Person's Background | Bank, Finance and Leasing: Asset Management Business: Leverage New Account Opening Solutions | Collections | Judgment Recovery | Legal: Legal General Practice: Check a Person's Bankruptcy History | Collections | Judgment Recovery | Legal: Legal General Practice: Check a Customer's Credit | Collections | Judgment Recovery | Legal: Legal General Practice: Invaluable Information for Finding a Debtor | Collections | Judgment Recovery | Legal: Legal General Practice: Find Debtors for Your Legal General Practice Business | Background & Tenant Screening: Background Screening Business: Provide screening of mid-level employees | Background & Tenant Screening: Background Screening Business: Provide Background Screening-Executive | Provide Background Screening - Commercial Drivers | Provide Background Screening - Employees | Provide Background Screening - Executive/Key Employee | Bank, Finance and Leasing: Bank: Check a Vendor’s Background | Bank, Finance and Leasing: Bank: Check Employment History | Bank, Finance and Leasing: Bank: Increase Sales and Profits

Increase your Bank’s Sales and Profits by Serving a Significant and Growing Segment of Underserved Creditworthy Customers

MicroBilt's PRBC Consumer Report and other alternative data and credit scores offer your bank the opportunity to tap into this huge market of creditworthy customers. When you pull a credit report through MicroBilt.com and it comes back with a thin file, no trade lines or a no hit – you can now supplement your information with a PRBC Consumer Report or other non-traditional report.

To conduct a quick but thorough credit check on a customer at your bank, we recommend:

PRBC Report with FICO® Expansion® Score

Approximately 50 million Americans have little or no credit history on file with the Experian, Equifax and TransUnion credit bureaus, yet they earn a steady income and meet regular payment obligations of rent, utilities, and recurring bills. These creditworthy individuals are often denied for credit offerings due to their 'thin' credit history and this offers your business a significant population of new customers. MicroBilt's alternative data reports and services aim to bridge the gap between consumers seeking credit and lenders seeking to qualify them.

FICO Expansion Score

The FICO Expansion score is a new credit risk score from Fair Isaac designed specifically to help lenders extend credit to consumers in new markets. Because it is based on non-traditional credit data, it can effectively predict risk for the growing number of U.S. consumers that fail to receive a traditional FICO score due to non-existent or "thin" credit histories. Because it uses alternative data sources, the FICO Expansion score helps lenders confidently extend credit to consumers that are typically excluded from the traditional credit-granting process due to insufficient credit histories.

Consumer Credit Reports

Consumer data is essential for your bank to operate and you need a comprehensive, secure source for your mission critical information. Consumer credit data is a core building block in making credit, leasing, collection and hiring decisions. MicroBilt is your single source for credit reports from Equifax, Experian and TransUnion, as well as PRBC. Business reports are available from Dun & Bradstreet, Experian Business, Equifax Business and PayNet.

 
 
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