Experian CaaS Now Available in AWS Marketplace
CaaS identifies patterns and signals in a customer’s financial behaviour. It creates value by giving organisations a deeper insight on a customer’s finances, as well as a broader understanding of the behaviour of a portfolio of customers. It helps organisations anticipate risk, improve decision making, and be more responsive to changes in a customer’s personal finances.
Building on the established relationship between Experian and
CaaS enables financial institutions to analyse current and historical payment account transaction data, including credit cards. This information can be made available from their own customers or shared in real-time through open banking.
CaaS is a valuable tool that helps lenders make more informed decisions that will deliver better customer outcomes. The deeper insights derived from CaaS can be used to assess customer spending habits, giving organisations a more accurate picture of affordability and, for example, help lenders identify vulnerable customers whose financial circumstances may have changed due to the pandemic.
“Automated technologies enable businesses to understand their data in ways which were never before possible. Automated categorisation provides a rich vein of insight that financial organisations can use to identify financial wellness and possible vulnerabilities, helping them proactively manage and protect customers. Working with AWS means more organisations will be able to take advantage of richer, deeper insights to inform business critical decisions.”
Leading Irish bank Permanent TSB is one of the first clients to deploy the service. They are using a bespoke version of CaaS which Experian’s data scientists have specially trained to interpret the transaction behaviour of Irish customers to help the bank reduce manual processing of data and automate income assessments.
AWS customers can discover a selection of Experian data products already via the
For more information about CaaS and AWS visit: https://aws.amazon.com/marketplace/pp/prodview-5xesx5gjaehyk
Experian is the world’s leading global information services company. During life’s big moments – from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers – we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
We have 17,800 people operating across 44 countries and every day we’re investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the
Learn more at experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.
Robert Goodman, PR Manager, Corporate & Business, UK&I, Experian
Tel: +44 7989 398 498 / Email: Robert.Goodman@Experian.com