Experian Credit Risk vs. Forter

Experian credit risk is a great tool to assess your customers and take risks appropriately. It is specifically suited to underwrite your customers. It is not so well suited to predict the affluence or spend propensity of your customers.

Incentivized

Anyone looking to increase acceptance rates for Ecommerce orders should look into an AI solution like Forter. And if you are replacing a manual system/legacy application already in place, this is a good option.

Incentivized

• Climate credit analysis
• Probability of defaulting
• Credit risk pricing

Incentivized

• Automated fraud
• Chargebacks fully covered
• Excellent service

Incentivized

• Algorithm could be more transparent
• Sometimes the recommended actions don't end up immediately increasing score
• Too costly

Incentivized

• Implementation on Shopify is a private app
• Billing is high
• Variable due to how contracts are structured

Incentivized

Experian has much wider coverage, more reliable data, and gives predictions on default rates reliably.

Incentivized

Incentivized

• Extracts all data from PDF format which helps us not to miss any data during [the] evaluation process
• Audit trail changes helps us to analyze anomalies
• Extremely transparent outputs to take decision

Incentivized

• Increased order acceptance %
• Less overhead
• No more chargeback concerns

Incentivized