About EDGE Monitor

Overview

EDGE Monitor is a product designed to perform daily refreshes of consumers’ connected bank accounts, providing insights such as changes in creditworthiness, ability to pay, and major financial events like loss of employment or acquiring a new loan, all based on the most recent balance and transactions data.

Use Cases

Use Case	How It's Used Today	Value Delivered
Repayment Monitoring	Automatically tracks recurring deposits and balance levels after a loan is funded.	Confirms repayment ability and identifies risk early.
Early Collections Outreach	Configurable alerts flag overdrafts, NSFs, or low balances in monitored accounts.	Enables proactive outreach before accounts fall into default.
Fraud & Suspicious Activity Detection	Ongoing monitoring identifies unusual patterns, account closures, or inactivity.	Strengthens fraud prevention and compliance readiness.
Member Financial Health Support	Monitors overdraft or NSF activity trends, enabling lenders to take timely intervention.	Provides timely, supportive outreach to members in financial distress.

Status

Live in production