illion Transaction Risk Score
We examine two case studies where credit providers have successfully reduced operational costs and bad debt.
A large Australian bank needed to improve its AML onboarding system, which had serious downtime issues.
A Buy Now Pay Later company needed a reliable ID verification solution to quickly onboard customers.
A major Australian bank wanted to improve efficiency and minimise customer outreach when remediating trusts.
Credit Risk Management
BlueScope is using its enhanced view of risk as an opportunity to update a number of processes.
illion BankStatements improves Savvy’s application throughput and approvals by 30%.
Open Data Solutions
With illion BankStatements, Bank Australia has reduced loan assessment timeframes by more than 60% greatly improving the customer experience.
illion has helped marketplace lender Wisr forge a new paradigm for credit reporting and set the stage for future business.
An Australian construction company used Portfolio Insight to analyse and identify high risks in their extensive supplier portfolio.
Online marketplace, Lend, significantly cut loan assessment times and improved the user experience with illion BankStatements.
Digital Tech Solutions
illion Digital Tech Solutions helped one of the UK’s largest energy companies to increase short term collections and improve customer experience.
illion Consumer Marketing offers leading utility company the opportunity for new sales growth channel and larger market share.
Southern Midlands Council
Tasmanian council Southern Midlands, leveraged illion TenderLink’s e-Procurement Portal to streamline their tender process.
illion Digital Tech Solutions provided a new payment channel for Telefónica UK and delivered 27% of early arrears payments after 12 months.
Through illion BankStatements, SocietyOne’s approval process timeframe dropped by 80%, greatly increasing their onboarding proficiency.
Pay by SMS
UK telecommunications company O2 optimised illion Digital Tech Solutions ‘Pay by SMS’ to reduce the cost of their collections processes by 7%.
Using illion’s Trust Registry, a national transportation company were able to identify 81% of the trust accounts in their portfolio.
illion TenderLink’s e-Notification solution helped HYDRALINC secure and convert qualified sales leads and greatly increase sales growth.