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  1. #1
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    DecisionLogic - IAV - Instant Account Verification

    The DecisionLogic service provides lenders the ability to verify a borrower’s identity, account number and balance in real-time. It also provides access to up to 90 days of the borrowers account transaction history. This automated real-time process removes many of the problems encountered with traditional methods of loan decision making. IAV empowers lenders to make fast and accurate decisions critical to the success of their business.

    Kevin Tattoli, Sales Consultant
    Decision Logic
    858-586-0202
    ktattoli@decisionlogic.com
    www.decisionlogic.com

  2. #2
    Senior Member Reputation points: 51665
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    Quote Originally Posted by DecisionLogic View Post
    The DecisionLogic service provides lenders the ability to verify a borrower’s identity, account number and balance in real-time. It also provides access to up to 90 days of the borrowers account transaction history. This automated real-time process removes many of the problems encountered with traditional methods of loan decision making. IAV empowers lenders to make fast and accurate decisions critical to the success of their business.

    Kevin Tattoli, Sales Consultant
    Decision Logic
    858-586-0202
    ktattoli@decisionlogic.com
    www.decisionlogic.com
    Love using you guys. Practically use Decision Logic on 90% of my merchants and it works amazingly
    Great technology, great asset to have

  3. #3
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    We are always here to help the funding community. Thank you, Kevin

  4. #4
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    i have nothing but problems with decision logic. Literally 80% of my accounts can not get it completed. Most get locked out of their bank account because they enter the info too many times.
    It ends up creating frustration and additional work. I end up having to request MTD act reports from the merchant.

  5. #5
    Quote Originally Posted by skideeppow View Post
    i have nothing but problems with decision logic. Literally 80% of my accounts can not get it completed. Most get locked out of their bank account because they enter the info too many times.
    It ends up creating frustration and additional work. I end up having to request MTD act reports from the merchant.
    Try Microbilt...works well.

  6. #6
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    We use DecisionLogic and 9 times out of 10 have no issues whatsoever. The times we do have issues, it's due to human-related errors on the part of the prospective merchant. Decision Logic helped us avoid funding a merchant who was using fake bank statements for a salon in CA.
    ---------------------------------------------------------

    Rich McKellar



    www.linkedin.com/in/richardmckellar

  7. #7
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    It really does make a difference. When you follow the best practices, this is the type of results you can expect. Thank you
    Last edited by DecisionLogic; 10-06-2016 at 12:42 PM.

  8. #8
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    We are very familiar with MicroBilt’s offering and have many clients who have looked at both products. Please take into consideration, to our knowledge, we only suspect we have lost two lenders to MicroBilt’s solution. The major differences between the products are:

    DecisionLogic has stand-alone, sophisticated, and easy to use interfaces for CSR’s to use without having to integrate.
    Higher borrower participation rate with some lenders saying the comparison is dramatic.
    Complete summary analytics displaying all transactions of eight critical underwriting categories.
    Large variety of API’s, with integration source code, for integration at any level.
    Complete mobile and texting features allowing you to communicate with borrowers anywhere.
    DecisionLogic is priced lower and includes all set up, support, API Source Code Kit, and texting fees.
    MicroBilt is claiming they support approximately 13,000 institutions. Our data provider also accesses 13,000+ institutions. However, our coverage statements are based on Bank and Credit Union coverage which is what you need to make underwriting decisions versus airline points. The truth is, we cover approximately 97% of our lenders lookups. MicroBilts claims of increased coverage are greatly exaggerated.

    Additionally, we are hearing that lenders are finding the following information to be very compelling:

    http://law.justia.com/cases/federal/...3861/276063/10

    http://www.google.com/url?sa=t&rct=j...qYA6JtXMPzlbYw

    These last two links may be especially sensitive taking into consideration MB claims to store your users banking credentials. Are your borrowers ID and Password’s safe and what would happen if there was a security breach? Our data provider is a Tier One Financial Enterprise regulated and audited by the Federal Government. Where do you want your customer’s most sensitive information stored?

  9. #9
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    Please reach out to support and we can help correct any issues with client completion of the request.

  10. #10

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