Case Study
Achieving risk exposure reduction with Incedo Lighthouse™ for a top-tier bank in the US
- Incedo Lighthouse
- Reactive approach for reaching out to customers to update contact details, or closing accounts
- Existing monthly manual process to close high-risk accounts (FICO
- 6% consumer credit cards had missing primary contact details. 12.7% of consumer accounts had invalid/missing email addresses
Million/Month worth of high risk exposure accounts have been closed since December 2023