Teletrack and eBureau Unite to Develop Suite of Predictive Models for the
Teletrack Specialty Credit Platform

POWAY, Calif. —Teletrack, Inc., an industry-leading provider of credit risk solutions for non-traditional lenders, and eBureau, an innovative provider of real-time predictive scoring and information solutions, today introduced a suite of credit scoring and other predictive models that are to become core components of Teletrack’s risk management solution offerings

Teletrack chose to partner with eBureau because of their depth of experience and ability to quickly develop and deploy customized statistical models using leading-edge technology.

“Driven by a rapidly changing and increasingly complex consumer finance market, alternative credit grantors are challenged to strengthen and simplify the evaluation of risk,” said Dale Williams, president of Teletrack. “With more than 240 million consumer credit records representing approximately 39 million unique consumers, Teletrack is well equipped to meet this challenge. Our data combined with eBureau’s technology will facilitate the development of an unrivaled set of risk models to meet the unique needs of the consumer finance businesses we serve.”

eBureau’s patented real-time predictive scoring system uses over 50,000 modeling variables to create highly predictive custom scores. Scores can be developed to predict many important outcomes such as response, credit risk and retention. With eBureau’s automated system, score development is transformed from a complicated and time-consuming process to one that is fast, efficient and extremely effective.

“eBureau’s extensive modeling capabilities will bring a new level of effectiveness to Teletrack’s solutions, and their clients will have access to some of the most advanced predictive scoring and information solutions in the industry,” said Gordy Meyer, president and chief operating officer of eBureau. “Using Teletrack’s vast database of non-traditional credit performance data and our ability to analyze and incorporate thousands of variables, we can quickly develop highly accurate and superior score performance.”

Traditionally, predictive model development is performed manually by statisticians using a few hundred variables or less. The collaboration between Teletrack and eBureau enables the development of new models using thousands of variables from the Teletrack credit performance database.

Once developed, these new models will be available through Teletrack’s specialty credit platform, which also provides access to a number of external data services and scores, including multiple traditional credit databases, public record data and historical bank account information to manage risk.