Credit bureau will predict your reliability

Russian Credit Bureau (CRB) decided to halve the number of fraud in obtaining credit. The Bureau decided to evaluate the reliability of the borrowers before obtaining the first loan, and not merely to provide information on credit histories. To deal with fraudulent schemes by analyzing the CRB will Interbank database applications of potential customers, the newspaper Kommersant. As the director of a Moscow office, the company has developed a new system to detect fraud in obtaining credit. This system is based on an analysis of data from credit applications and fully uses the information contained therein. According to him, it allows to identify suspicious of borrowers, even in cases where credit history as such they do not. Receiving a request from the bank, the system checks the number of applications with similar data on interbank-based applications, not only by last name, first name, middle name, but also on mobile number and work phone number, address and place of work. If a certain number of parameters the same and other expenses, the system assigns a status of the application - "suspicious." Receiving from the system data that the application is suspicious, the bank may convert this application of the automatic in manual review and conduct a more thorough inspection, after which a decision. Until now, BCI worked only with credit histories, that is, data on borrowers who have ever taken a loan. New systems may be of interest primarily large retail banks, particularly those that specialize in express loans and credit cards, experts say. Several major players have already expressed willingness to cooperate and carry out a legal review of documents, the head of the company that created the system. Its implementation allows to reduce losses from fraud of approximately twofold, estimated by experts, adding that today the share of fraudulent applications in banks is on average 3%, depending on loan product and the segment of borrowers, which the bank operates, and in a segment of express loans - up 10%. On the background of credit growth observed increase in the number of fraudulent schemes, according to bankers. "Banks need to strengthen the retail portfolios, and they weaken the conditions and try to attract new borrowers - said the director of management and methodology of risk assessment OTP Bank Sergei Kapustin .- At the same time against the backdrop of easing requirements for borrowers celebrated revival of fraudulent schemes and revitalization of black brokers . Interbank system analysis applications will help banks to move to a new level anti-fraud, adds the head of an anti-fraud HCF-Bank Vladislav Guzhelev