AGAM’s proprietary scoring technology III™ can help individuals unlock the power of alternative data to create their own credit score in minutes. This unique system enables banks to facilitate instant loans, acquire customers and detect frauds. Salaried working individuals with a smartphone and internet connectivity can access AGAM’s platform for validation and III™ score service through an application.
AGAM partners with traditional and alternative lenders like MFI who offer borrowers the opportunities to share their individual data to be assessed via the application. Once users register, AGAM’s machine learning algorithms analyse all the variables for each application to generate a credit score all within five minutes. These results are then incorporated into the lenders existing credit assessment platform through easy to integrate API’s. Our data scientists also work with lenders to build custom financial ID’s or scorecards to realize the full potential of the data. To ensure privacy, users’ information is never shared with lenders or third parties and only accessed once during credit assessment.
We collect, curate, and analyse data from a large range of alternative data sources (fully consented) for a holistic and ethical understanding of an individual’s creditworthiness. Our usage of alternative data sources includes smartphone digital footprints, behavioral, social media footprints and psychometric assessment to analyse the credit risk of anyone.
Our intelligent system is based on proprietary and sophisticated predictive modelling, therefore allows every lending decisions in real time. In short, our system requires minimal functioning time and maximum output resulting in higher and faster approvals with fewer defaults.
Our unique credit decisions tools draw from diverse, non-traditional data sources using machine learning techniques. Our tools are universally and uniquely able to score anyone regardless of their demographics, location, technology access or previous financial history.
As a Tech for Good platform, we support banking partnerships fair lending practices, education and female empowerment.