Posted on Jan 29, 2012 7:10pm PST

Partnership will enhance FNI’s technology-optimizing lending solutions with proven analytic and operational consulting from Bridgeforce to help lenders meet their aggressive customer acquisition goals

Newark, DE – January 29, 2012: Lending and Payments Industry Services provider Bridgeforce and Technology-Optimized Lending Solutions provider FNI today announced they now offer a comprehensive set of integrated solutions and services that will provide lenders new, more effective ways to meet their aggressive customer acquisition goals.

The new offerings include the following types of By Request SM Analytic and Operational Service offerings; Origination Strategy Development and Refinement, Automated Credit Decisioning Strategies, Judgmental Referral Strategies, Fraud Application Strategies, Custom Scorecard Development, Model Validation & Monitoring, Credit Policy Documentation, Judgmental Lending & Fraud Performance Management Programs, Judgmental Lending & Fraud Policies & Procedures, Judgmental Lending and Fraud Quality Control / Self-Audit Processes, Lending/Fraud Education and Coaching.

Both companies serve the lending markets and include among their customers the world’s leading credit card issuers, consumer and small business lenders, retail banks, mortgage companies, student loan providers, and auto lenders.

Lenders continue to face daunting challenges: limited new loan demand and strong competition, customer churn issues, challenging economic and loss environments, and intense compliance demands, among other things. Thus, the need for new, flexible technology-optimized lending solutions supported by proven analytic and operational consulting will ensure the highest return for lender’s strategic marketing investments.

“Optimized lending technology and operations have conservatively increased approval rates 5-10% while reducing customer and regulatory risks for our clients,” said Brian Reiss, Bridgeforce Managing Director. “We welcome the opportunity to work more closely with FNI and their clients to help them achieve similar results.”

“FNI’s clients are rapidly expanding the information base for loan origination processes to gain a more thorough understanding of the potential customer,” said Phil Mazza, CEO at FNI. “Adding the decision science and lending operations experience and capabilities of Bridgeforce will enhance the value of the FNI hosted services for our clients.”

Post Type: Press Releases