Alternative data and risk assessment platform NinjaEdge announced a new partnership with Infinity Software, the leading loan management software provider for alternative credit lenders in North America.
The partnership will seamlessly integrate NinjaEdge’s proprietary bank data analytics service into Infinity’s ecosystem of traditional and alternative credit risk signals, decision engines, and verification providers.
“We are excited to offer the powerful risk assessment capabilities of NinjaEdge to our customers,” said Ryen Leyva, Infinity Software CEO. “We have been impressed with the differentiated insights that NinjaEdge has developed from its history as a lender and multi-decade legacy in digital lending.”
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To date, NinjaEdge has analyzed over 1 billion bank transactions for more than 2.5 million loan applications which inform proprietary, machine-learning developed feature sets and scores.
“As the leading end-to-end platform for alternative lending, Infinity’s partnership with NinjaEdge is an exciting opportunity to create value in the underwriting and portfolio management of the more than 1,000 lending locations that Infinity serves,” explained Brian Reshefsky, President of NinjaEdge. “We share the same overarching goal as Infinity and their customers of furthering financial inclusion with better data and insights.”
Founded in 2000, Infinity Software provides category-leading loan management systems to alternative credit lenders. Its flexible all-in-one platform makes it easy for lenders to process l****, grow their customer base, and scale their business.
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“NinjaEdge enables Infinity to deliver a more complete financial picture for our customers’ account opening and account management decisions,” Leyva added. “By adding NinjaEdge to their risk decisioning and portfolio management, our lenders can more precisely predict loan performance and price risk to both increase approvals and improve profitability of their portfolios.”
In addition to the full range of NinjaEdge features and scores, Infinity’s customers will also be able to utilize NinjaEdge’s proprietary routing technology to optimize the permission-based instant bank verification (IBV) data that informs these analytics.
“The NinjaEdge platform enables connectivity to nearly every checking and savings account in the United States,” said Reshefsky. “Through our long history of working across IBV providers, we have developed proprietary algorithms to ensure that the transaction data driving our analytics – and that customers utilize in their decision-making – is based on the most accurate and richest possible dataset.”
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