Aro launches Aro Precision to mitigate fraud and optimise credit in the UK
Aro has introduced Aro Precision, a new solution designed to enhance lender capabilities in the UK by providing advanced fraud prevention, improved affordability checks, and optimized marketplace data. This independent solution aims to mitigate digital fraud through ID and third-party checks, increasing lenders’ confidence in affordability calculations. By doing so, it aims to minimize declined applications and expand financial opportunities for consumers. Additionally, the data collected can be reused later in the customer journey, offering further benefits to lenders. This initiative is part of Aro’s efforts to augment lender partnerships and improve credit processes in the UK.
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