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Customers can now create a
web-based application to post on any website of their choosing
and capture customer applications. This application
automatically populates into the CreditCommander.com account
assigned to the user you define. You can also attach a
decision table to these applications and provide the online
applicant with an immediate decision to their application.
Applications can also be routed to appropriate personnel when
an immediate decision cannot be defined or is in a manual
review status.
(OFAC,
Experian’s Authentication and Trace Detail)
For
Pre-Screening purposes you can now run a number of new data
sources before a credit report is retrieved or use these new
reports stand alone.
 OFAC (Office of
Foreign Assets Control)
In response to USA Patriot
Act compliance and anti-money laundering initiatives, you can
pre-screen using the government watch list of specially
designated nationals where a search can be made against this
watch list to confirm or deny that an applicant's name appears
there. This search is targeted towards foreign countries,
terrorists, international narcotics traffickers, and those
engaged in activities related to the proliferation of weapons
of mass destruction.
Experian’s Authentication
Services
- Authentication Services Level One is a
tool that can be used to verify both consumer and business
information streamline application processing and reduce
fraud. Experian’s extensive verification database on more
than 200 million consumers and 25 million businesses, allows
you to quickly verify the accuracy of your customer data. A
powerful search engine will instantly generate summarized
results from over 140 different result codes along with a
verification score. Detailed information can also be
returned to help with back-office referrals.
- Authentication Services Level Two provides
an authentication score utilizing the Level One information
combined with Experian’s extensive database of credit
information. Potential fraud indicators along with
Experian’s proprietary matching algorithms are used to
create a fraud score designed to predict the likelihood that
the correct customer supplied the identifying information.
Trace
Detail
A powerful skip tracing report secondary to
our People search that enables you to enter an address and
receive back all associated phone numbers with that address,
neighbors, associates, relatives and alias’s for that
address.
MicroBilt has expanded the call
center offerings to now provide verification services. You now
have the ability to submit requests for manual employment,
education, bank and trade reference verifications to
MicroBilt's call center. Submit employment information
(Education, Bank or Trade) and MicroBilt will call and verify
the key information you require in order to approve an
application. You will also have the option to add your own
questions that you would like verified in addition to the
basic information. These applications can be forwarded to your
own call center for fulfillment as well.
Packages have been
expanded to include all credit bureau products (consumer and
commercial) and all of MicroBilt’s data sources
- Create a package of reports you would like
requested on each application, even create multiple packages
based on applicant type
- ‘Create a Report’ will enable you to take
all of these products from the package and combine into one
report
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Sign-Up
Today
Mark your calendars and plan to
attend the online and audio training session and learn more
about the new release. This session will cover all that is new
and allow you to ask questions.
CreditCommander.com
3.1 Training
DATE:
Tuesday, December 21, 2004
TIME: 2:00pm
EST
To participate, simply email us at microbilt@microbilt.com
and in the subject field enter ‘3.1
Training’. We will then email you back with the
connections details and a reminder message.
Decision
Table Email Notifications
- Designate personnel to receive email
notifications when decision levels are assigned
- Move applications through your manual
processes more quickly with instant notification. This can
be utilized to notify personnel of potential fraudulent
applications, applications that attained a gray area
decision and need review by an analyst, or applications that
were approved and require instant follow-up
Prescreening
level added to Decision Table that can automate which
applications are sent to the credit bureaus, and those
applications that should be reviewed or declined
immediately
Set your rules based on application
data to automatically decline an application
Automated
Pre-Screening capabilities now available through Decision
Table. Determine which applications are pre-screened prior to
ordering a credit report. You can configure Decision Table to
pull either an OFAC report or an Experian Authentication
report prior to ordering a credit report. You can also
automate whether or not you would like to review the
application or submit the application to the credit bureau
based on the results of the prescreen. Use the power of these
data sources to ensure that the person you are dealing with is
who they say they are and not on the OFAC list. See new data
sources pre-screening.
User can now combine
the many various reports pulled on an applicant into one
report. This report will contain all of the information from
their credit file, criminal history, evictions history, etc.
These reports can then be delivered to the customer.
When entering CreditCommander.com,
you will notice with the new release that the application
screen will be modified to simplify the capabilities of the
data sources and or the specific product packages and their
report contents
Within the new application screen,
reports that have been selected can easily be viewed, added or
removed before the request is actually sent
You will now be able to enter
multiple social security numbers which saves time when
performing social security searches
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