«Kassa №1» is one of the leading providers of financial services on the Russian market
- TaskReduce the number of delinquencies on loan repayments.
- SolutionImplemented a new scoring model.
- ResultThe number of delinquencies decreased by 40%. The speed of application approval increased by 5 times.
The accuracy of identification of unreliable borrowers increased by 75%.
This company was chosen because of its honest approach to the project realization, instead of promises we received confirmation of the model performance and only after this confirmation the question of payment arose. I.e. we paid not for ephemeral promises, but for a really working model. <...> The cut-off test result showed the highest accuracy in determining the probability of delay, up to the time intervals of delay for a specific application, with an error of 3.2% for the period quarter.