"When we started the business, we had a metric that we needed to produce a decision for a client by our API in 40 milliseconds or less. And the target was 20 milliseconds. We've gone from that 20-millisecond threshold to a one half of 1-millisecond threshold. So we're now measuring performance in nanoseconds. This allows lenders to replace a human process with a fully automated process. And not only can we reach a decision, we can also explain the decision fully compliant with the regulators and it takes less than half a millisecond. There are so many challenges that this technology can work to solve, and the more people who get into it and use it, the better the world gets. And that's ultimately what we should all be trying to do."Marc Stein CEO
- Credit Scoring
Overview of the Challenge
Adverse action reporting for credit lenders, quickly and automatically.