Reducero integrates Kreditz innovative Fraud Detect product for enhanced loan assessment

Kreditz is thrilled to highlight our advanced solution, Fraud Detect, now empowering Reducero to revolutionize credit assessment.

Kreditz Fraud Detect is a new solution for credit assessment, identifying potential fraud risk and so-called straight rollers - customers who intend not to repay their loans. This enhances Reducero's capability to connect secure and reliable customers to their lenders.

Reducero, a loan broker with several Swedish lending partners, has always been at the forefront in offering transparent and customer-friendly loan products. With Kreditz Fraud Detect, the company takes a significant step in optimizing risk assessment and fraud prevention.

"With Kreditz Fraud Detect, we can now offer our customers and partners an even higher security and precision in loan assessment," says Magnus Flyckt, CEO of Reducero.

Magnus Källhager, Chief Analytic Officer at Kreditz, adds: "We are pleased that Reducero has chosen Kreditz Fraud Detect to further strengthen their credit assessment process. Our solution utilizes open banking-data combined with advanced data analysis, machine learning and AI, enabling a holistic and secure assessment of loan applications. This demonstrates how open banking data can be used to create a safer, and more equitable, loan experience for all parties involved."

With Kreditz Fraud Detect, Reducero can effectively identify and minimize risks, contributing to a safer and more reliable loan process for both lenders and borrowers.

About Kreditz: Kreditz was founded in 2018 and offers solutions that help banks, financial institutions, iGaming-companies to make intelligent credit- & risk decisions based on open banking, advanced data analytics and AI-technology. Kreditz has over 100 clients in 10 European markets and is licensed by the Swedish FSA holding the AISP-license.

For more information about Kreditz and the Fraud Detect product, contact Christoffer Cederschiöld, Deputy CEO, at christoffer@kreditz.com or visit www.kreditz.com.

About Reducero: Reducero is an independent loan broker, offering free loan mediation from several of Sweden's lenders.

For more information about Reducero AB, contact Magnus Flyckt, CEO. +46 730266874, magnus.flyckt@reducero.se or visit https://www.reducero.se/.