What is Homeppl?
Homeppl is an AI-powered customer risk assessment platform that helps businesses reduce fraud loss, make better credit decisions, and automate manual application reviews. The platform uses advanced technology to analyze bank statements and raw banking data, turning them into granular affordability insights for precise consumer financial profiling.
By leveraging AI algorithms for document analysis, fraud detection, and financial data extraction, Homeppl enables companies to approve more customers while minimizing risk. The platform offers guarantees that assume the risk of approved consumers, allowing businesses to safely expand their customer base without common insurance friction.
Features
- Financial Data Analysis: Extract, organize and analyze data from any bank statement
- Advanced Document Analysis: Font analysis, meta-analysis, and full file version history to determine authenticity
- Fraud Database: Utilize fraud database to detect anomalies and fraud rings in each application
- Open Banking Algorithms: Utilize the latest banking technology to instantly verify income and financial history
- AML and Compliance Checks: Checks against politically exposed, criminal sanctions and adverse media watchlists
Use Cases
- Detecting application fraud in financial services
- Automating manual consumer risk assessments
- Qualifying international customers for rental properties
- Reducing fraud loss in business lending
- Expanding financial access to 'thin-file' customers
