NEW YORK, N.Y., July 13, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Today Lenddo announced its new technology suite for mobile apps. The credit risk management SDK for Android coupled with patented scoring technology helps banks, alternative lenders, Telcos, P2P lenders and online marketplaces to reduce fraud and default, increase market share and profits, and to cut costs.
"Lenddo's solution uses thousands of data points from multiple sources, combined with our sophisticated algorithms to return accurate results. The process is revolutionary, it returns results instantly, wherever the user might be," said Co-Founder and CEO, Jeff Stewart.
Lenddo is already solving the challenges of identity and risk management associated with thin file customers in over 10 countries and the new mobile solution allows businesses to quickly and efficiently serve an even larger customer base with the ever growing smartphone penetration around the world.
"The SDK's are now available for simple integration into current Android apps and we are providing assistance to develop apps for clients who are new to mobile deployments," added Richard Eldridge, Lenddo Co-Founder and COO.
About Lenddo
Lenddo helps businesses and finance companies to simply and securely evaluate both the character and identity of customers using alternative data in order to extend credit and deliver life-improving services. In January 2015, Lenddo announced the global launch of its services. Lenddo was also honored as a 2014 Technology Pioneer by the World Economic Forum.
For more information, please visit https://partners.lenddo.com/ or contact sales(at)lenddo(dot)com.
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