Cash Atlas™
Lift your Underwriting with Granular Cash Flow Data
Get a leg up over traditional credit data to make more informed decisions on no file, thin file, and even thick file consumers. Cash Atlas™ analyzes bank transaction data to provide you with FCRA-compliant attributes, reports, and scores to build a complete risk profile to assess consumer affordability and ability to pay.
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How Cash Atlas™ Works
Cash Atlas™ helps you generate a complete risk profile for your consumers across the credit spectrum. In a few simple steps, it can categorize and condense bank transaction data into risk attributes with adverse action codes, helping you make more informed approval decisions.
The user authorizes access to their data and selects the account(s) they would like to connect — all from within your digital application journey.
The user’s bank transaction data is retrieved, normalized, and modeled with our 1,000+ performance-tested attributes to meet your underwriting criteria.
Nova Credit delivers real-time insights based on model criteria to help you make better-informed credit decisions about your applicant.
Why Cash Atlas™
Improve risk assessment
Use cash flow data to supplement or stand in for traditional credit history, providing an enhanced view of your consumer’s present and future ability to pay.
Originate more loans
By measuring affordability in conjunction with credit risk, Cash Atlas™ enables unparalleled insight into consumer creditworthiness to expand your market.
Reduce testing cycles and maximize risk prediction
Spend less time building and more time driving customer acquisition using attributes proven to predict credit risk.
A Multi-Industry Solution
Calling all banks, credit unions, and other lenders: Make more informed financial decisions with an added layer of insight.
Learn more about our Solutions by Industry and Solutions by Use Case
Credit Cards
Financial institutions can evaluate more consumers, more fairly, to open broader access to credit.
Auto Loans
Indirect and direct auto loan companies can offer more competitive terms.
Personal Loans
Lenders can underwrite more consumers without increasing default rates.
Buy Now Pay Later
Providers can reduce their default rate by improving risk assessment.
Connect Instantly to Consumer-Permissioned Cash Flow Data
Get easy access to consumer-permissioned bank transaction data through our best-in-class module. With Nova Credit’s coverage of over 95% of financial accounts, consumers can grant you access directly within your digital application.
Cleaned, Processed, and Normalized Bank Data
Nova Credit’s proprietary approach improves the signal-to-noise ratio of bank transaction data, helping to erase traditional roadblocks, including:
Differentiating between real income and non-income related inflows (e.g. transfers, merchandise returns, etc.)
Identifying money movement between accounts owned by the same individual
Differentiating between individual and joint accounts; reporting on both the consumer and account levels
Attributes Proven to Predict Risk
Reduce the engineering resources you devote to quantifying risk separation using our suite of over 1,000 attributes, each performance-tested against actual risk data to ensure predictive power. These attributes, representing behaviors over a single day to 24-month timeline, are built for underwriting, and include adverse action language and special value handling. Each line item is classified as one of three major data types — income, assets, and expenses — then aggregated into attributes for use in your decisioning and pricing strategies.
NovaScore Cash Flow (NSCF): A powerful risk score built on bank data
NSCF enables lenders to make credit decisions with a more comprehensive view of applicants' financial health. Whether used alone or in conjunction with traditional credit scores or models, NSCF delivers significant boost in predictive performance.
Cash Flow Underwriting Summit
Accelerating the adoption of cash flow underwriting in lending
A first-of-its-kind executive summit dedicated to exploring and advancing the practice of cash flow underwriting in consumer lending. Industry leaders will share actionable use cases, explore regulatory changes, and discuss the evolution of open banking.
Let’s Grow Your Business Together
Submit your information and a member of our team will be in touch. about how we can grow your business together.