With this competition, GAC Sofinco is launching an invitation to start-ups all over the world. The aim is to open out to new players’ innovative approaches in view of serving its customers.
ACHIEVE INTELLIGENT RISK CONTROL WITH CUTTING-EDGE TECHNOLOGY
WHAT KIND OF COMPANY IS CONCERNED?
Micro-enterprises and SMEs of all types, no more than five years old, which could carry out an experiment rapidly and provide genuine innovation in terms of technology and/or use, with a direct bearing on the activities of GAC-Sofinco and its partners.
WHAT IS THE OBJECTIVE?
To solve the problem that it is difficult to confirm whether the customer answers the phone verification in person during loan application, we should consider VoicePrint collection during EPBOC stage and compare the VoicePrint data during phone verification and disbursement stage to confirm customer’s identity.
The technology is not limited to VoicePrint but any technology that can verify a customer identity in an efficient way. Ideally, this solution could compare customer identity in EPBOC stage and phone verification stage. If customer identity is different between these two stages, alert will be sent to retail Credit Analyst to conduct further investigation in order to prevent fraud.
It could help to improve the risk control capability in acceptance stage, lower the cost of risk. And the VoicePrint (or other technologies) data could also be utilized for identity verification in after-sales services and collection.
WHAT’S IN IT FOR THE WINNERS?