Pave.dev and Effectiv Partner to Enhance Risk Decisioning with Real-Time Cashflow Analytics

We’re thrilled to announce our partnership with Effectiv, a leading credit and fraud decisioning platform. This collaboration seamlessly integrates Pave.dev’s real-time cashflow analytics with Effectiv’s robust decisioning capabilities, empowering lenders to make more informed and dynamic underwriting decisions.

Streamlining Lender Decisions with Enhanced Analytics and Seamless Integration

Risk teams face efficiency challenges in automating credit decisioning and improving underwriting accuracy. Our partnership with Effectiv addresses these issues by combining Pave.dev’s AI-powered Cashflow APIs for credit risk with Effectiv’s risk decisioning platform, providing lenders with the tools they need to optimize their decision-making processes.

Ema Rouf, President of Pave.dev, states, “Integrating our cashflow analytics with Effectiv’s platform revolutionizes how lenders approach risk assessments by leveraging accurate, real-time cashflow analytics for better decision outcomes.”

Empowering Lenders with Advanced Decisioning Tools

Pave.dev’s APIs clean, normalize, and unify financial data from diverse sources, including bank transactions and credit reports. Pave generates Cashflow-Driven Attributes and Scores to accurately predict borrower behavior. Effectiv’s platform makes it easy for lenders to integrate these attributes and scores into their existing models, enabling them to build customized and enhanced underwriting flows.

Key benefits of this integration include:

• Robust Backtesting and Champion Challenger Models: Effectiv’s platform enables customers to optimize decision-making by backtesting and A/B testing credit underwriting rules, evaluating historical performance, comparing strategies, and continuously improving accuracy and compliance, ultimately enhancing risk management, customer insights, and profitability.
• Dynamically Change Rules with Drag-and-Drop UI: Lenders can dynamically update underwriting rules through a user-friendly interface, adapting to market changes and borrower behaviors for decisions like approvals, rejections, and manual reviews.
• Comprehensive Borrower Profiles: By merging financial data from various sources, lenders get a complete view of borrower profiles, enhancing their ability to predict repayment behavior and make informed lending decisions.

Leveraging Pave’s Cashflow-driven Attributes and Scores

Pave’s Personal and Small Dollar Loan Scores, which predict the likelihood of a borrower repaying a loan based on their cashflow data, can be seamlessly integrated into Effectiv’s decisioning workflow to enhance risk assessment capabilities.

Here’s how it works:

1. Data Ingestion: Pave.dev ingests and processes bank transactions and credit reports uploaded by Effectiv or the lender.
2. Near Real-Time Attribute Generation: Using this data, Pave generates Cashflow-Driven Attributes and Scores in near real-time.
3. Integration: These attributes and scores are fed into Effectiv’s decisioning platform.
4. Decisioning: Lenders leverage Pave’s Attributes and Scores within Effectiv by pulling precise and actionable analytics into their proprietary models.

This integration allows lenders to improve their underwriting accuracy by incorporating real-time cashflow insights into their decisioning processes, ultimately leading to more reliable credit decisions and better loan performance.

Driving Innovation in Lending

This partnership merges the best of both worlds—Pave.dev’s data-driven cashflow analytics and Effectiv’s decisioning architecture—to create a more efficient, transparent, and responsive lending process. By unifying our strengths, we enable lenders to make smarter, faster, and more equitable credit decisions.

Ravi Sandepudi, CEO of Effectiv, adds, “Our collaboration with Pave.dev provides lenders with advanced cashflow analytics, leading to a more dynamic and responsive lending process. This partnership is a significant step towards transforming the future of credit decisioning.”

About Pave.dev

Pave.dev’s AI-powered cashflow analytics and scores enable consumer and SMB lenders to drive lift in credit risk models. Learn more at https://pave.dev.

About Effectiv

Effectiv is a leading credit, fraud and risk decisioning platform, offering solutions that streamline the lending decision process. Discover more at https://effectiv.ai.

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