All Our FAQ

Our platform is focused solely on the credit risk problem. This makes it free of unneeded data processing functions and models which are not relevant for this problem. This agility allows our platform to be extremely focused and sharp, thus limiting the ramp-up time for a new user to the bare minimum. A typical user can make the best of the platform after a short introduction of several hours.

BeeEye’s data enrichment policy is to use only publicly available information from open government, municipal, and local state agencies. When it comes to other portals across the web, BeeEye only uses data that is readily available in the public domain.

Yes. Our platform supports connecting the data flow with your own external sources. You’ll focus on pointing to the right data sources, and our platform will take care of joining the data and making it available for modeling. The platform will also make sure that the same data flow will be available for the flow deployed in production.

No, BeeEye’s unique enterprise technology is deployed on-premise behind the bank/lender’s firewall. The BeeEye Scoring Engine (SE) does the data enrichment and calculates the EyeOnRisk score automatically inside the bank/lender’s data-center.

Yes, BeeEye will provide the bank/lender with a EyeOnRisk model explanation document that shows the components, weighting, and make up of their specific EyeOnRisk score. BeeEye can also provide transparency on a per record/customer basis.

Yes. BeeEye does not retain any customer specific identifiable information (PII). The consumers data is kept on the BeeEye Scoring Engine which is managed within the bank/lender’s data-center.

The EyeOnRisk score is FCRA compliant as it can be used as a second screen for applicants/customers which have been rejected by the bank/lender’s initial credit scorecard/model. The EyeOnRisk provides additional insight to allow the bank/lender to accept applicants who in the past were rejected or lost.

The EyeOnRisk score and machine learning methodology is customized and optimized for each bank/lender, therefore it can be customized based on each state/region regulations.

During the training and testing phase of the EyeOnRisk score, BeeEye makes sure that we assess whether or not our approach to understanding an individual’s personality deferentially effects individuals based on any of the factors laid out in the ECOA or FHA. Fair lending is very important to BeeEye, in fact, our whole purpose is to level the playing field to those consumers challenged by traditional methods. Our analysis shows that EyeOnRisk does not bias against individuals based on their age, gender, ethnicity, religion, marital status, or national origin.

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