FinTech Lending Toolkit | Adept Decisions
FinTech Lending Toolkit | Adept Decisions
Blog2024-04-25T12:01:47+02:00

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Best Practice Implementation of a Credit Decision Engine

Best Practice Implementation of a Credit Decision Engine  Introduction Investing in a credit decision engine is an easy decision for the majority of lenders, as the benefits of automated decisioning have been well-proven across multiple industries, worldwide. Implementing a credit decision engine involves a number of tasks across several different disciplines, ranging from planning and [...]

  • Can a Decision Engine Improve Your Credit Decisions

How Can a Decision Engine Improve Your Credit Decisions?

How Can a Decision Engine Improve Your Credit Decisions? Introduction A credit decision engine will improve a lender's credit decisions through several key areas, each contributing to enhanced accuracy, efficiency, and credit risk management. A decision engine can significantly enhance credit decisions through the following mechanisms: Credit Decisions Improvements: Improved Accuracy and Predictive Power Advanced [...]

  • Selecting the Right Decision Engine

Selecting the Right Decision Engine

Selecting the Right Decision Engine Introduction Selecting a credit decision engine is a critical decision for any credit grantor and it is not an easy task, as it involves multiple considerations. Modern decisioning solutions have changed the game for the lending industry. Credit grantors are revolutionising their operations and boosting their competitive advantage by shifting [...]

  • Decision vs. Rules Engine

Decision vs. Rules Engine

Decision Engine vs. Rules Engine Introduction Today we delve into the conversation comparing and contrasting Decision Engines (also referred to as a Credit Decision Engine) to Rules Engines (sometimes referred to as a Business Rules Engine). From a software architecture standpoint, a Decision Engine and a Rules Engine are both the same. Both operate on [...]

  • decision engine myths

Three Myths Why Not to Invest in a Decision Engine

Three Myths Why Not to Invest in a Decision Engine  Introduction In a two part series of articles last month we examined what is a decision engine and what are the core components and functionality? This article will review the top three myths and excuses that credit grantors make to avoid investing in such an [...]

  • decision engine functionality

What is a Decision Engine? Part 2 – Decision Engine Functionality

What is a Decision Engine? Part 2 – Decision Engine Core Functionality Introduction If you ask three people “what is a Decision Engine?,” you will probably get at least five different answers. For an application that has such a straightforward and descriptive name, there is a lot of confusion and misunderstandings about what a Decision [...]

  • GulfScore

ADEPT Decisions Launches GulfScore

ADEPT Decisions Launches GulfScore The First Decision Engine Customised for the Middle East Introduction ADEPT Decisions launched GulfScore, the bespoke Middle East North Africa (MENA) version of our award-winning decisioning software. Stephen John Leonard, Founder of ADEPT Decisions noted “We are very proud to unveil GulfScore. This custom release of the ADEPT Decisions Platform is [...]

  • introduction to decision engines

Introduction to Decision Engines: What They Are NOT – Part 1

What is a Decision Engine? Part 1 – What a Decision Engine is NOT! Introduction I always thought that the definition of a Decision Engine was very straightforward. It is software that makes a decision. A British advertising industry created a memorable catch phrase describing this kind of product: "It does exactly what it says [...]

  • history of Diners Club Card

Diners Club, Debt and The Downfall of Society

Diners Club,  Debt and The Downfall of Society   An opinion piece by Dominique Olivier The story of how one forgotten wallet in 1949 led to the invention of the credit card – and the global debt crisis that followed. When’s the last time you carried cash anywhere? Unless you’re regularly using public transport, it’s [...]

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