SmartData is a data transformation tool that reduces the time and cost of supplying data.
The first step forward into the world of CCR is to supply data to bureaus using the new Australian Credit Reporting Data Standard (ACRDS). Equifax’s SmartData provides a simple and accurate solution to assist with the process of data supply under CCR.
Equifax Apply is our next generation origination solution that will enable you to transition to CCR at your own pace, confident in the knowledge that it has been built and tested using data from the market leading CCR pilot by Equifax.
Acquiring and engaging a new generation of members is central to the success of your organisation going forward. Are you equipped to protect the interests of your member base in a digital world? Equifax can position you for the future with solutions to:
Identify and on-board high quality prospects
Meet AML obligations and protect members from fraud
Growth and automate your lending book with CCR
Due diligence for commercial and property solutions
Globally, it is best practice for credit providers to have portfolio management solutions that utilise data from credit bureaus.
With data from your internal systems only you may not know:
If an up-to-date customer is experiencing financial difficulty elsewhere
If a customer in early collections is likely to self-cure
If a customer in late collections is likely to recover.
Equifax’s Portfolio Management Solutions provide external insights to assist your business in completing the credit risk picture of your existing customers.
